£169,661
This estimated value is based upon the latest sale price for the house of £159,000 on 22 Dec 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £159,000 | 22 Dec 2021 |
| £115,000 | 13 Mar 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 sq feet |
This model uses changes in the Official Land Registry House Price Index for MEDWAY to estimate the market value.
When this house was purchased in December 2021 the House Price Index for MEDWAY was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £159,000 results in an estimated price of approximately £169,661.
| 22 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £159,000 | £10,661 | £169,661 |
The Postcode Pricing Model uses changes in average sales price within the ME8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 44.946 % | £71,464 | £230,464 |
| 3 Month Average | 3.567 % | £5,671 | £164,671 |
| 6 Month Average | 3.528 % | £5,609 | £164,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £160,979 | £160,000 | 40 SEDLEY CLOSE |
| 26 Jun 2023 | £219,278 | £217,500 | 36 SEDLEY CLOSE |
| 6 Feb 2023 | £161,237 | £162,000 | 64 SEDLEY CLOSE |
| 9 Jun 2022 | £338,430 | £335,000 | 3 WOLLASTON MEWS |
| 7 Apr 2022 | £215,385 | £210,000 | 69 SEDLEY CLOSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 10 Jul 2012. Using an estimated price of £169,661 means this house is valued at £2,827 per sq meter (£262 per sq foot).
The average size of a house on SEDLEY CLOSE is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Sedley Close | |
| Mar 2024 | Anti-social behaviour | On or near Sedley Close | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sedley Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near M2 |
| Apr 2024 | Anti-social behaviour | On or near Wollaston Close |