£237,754
This estimated value is based upon the latest sale price for the house of £138,500 on 18 Aug 2006. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £138,500 | 18 Aug 2006 |
| £55,000 | 5 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 2006 the House Price Index for MEDWAY was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £138,500 results in an estimated price of approximately £237,754.
| 18 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £138,500 | £99,254 | £237,754 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 35.958 % | £49,802 | £188,302 |
| 3 Month Average | 52.231 % | £72,339 | £210,839 |
| 6 Month Average | 91.333 % | £126,496 | £264,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £286,238 | £282,000 | 13 CRESTWAY |
| 22 Nov 2023 | £197,930 | £195,000 | 19 BRACKEN LEA |
| 1 Sep 2023 | £374,792 | £370,000 | 7 BRIER CLOSE |
| 18 Aug 2023 | £403,530 | £400,000 | 2 ASH CLOSE |
| 20 Apr 2023 | £227,449 | £225,000 | 7 STONECROSS LEA |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 12 Feb 2014. Using an estimated price of £237,754 means this house is valued at £3,897 per sq meter (£362 per sq foot).
The average size of a house on CRESTWAY is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Mill Lane |
| Mar 2024 | Other theft | Under investigation | On or near Mill Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Mill Lane |