£271,243
This estimated value is based upon the latest sale price for the house of £160,000 on 24 Sep 2010. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £160,000 | 24 Sep 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 September 2010 the House Price Index for MEDWAY was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £160,000 results in an estimated price of approximately £271,243.
| 24 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.527 % | £160,000 | £111,243 | £271,243 |
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 | 32.305 % | £51,688 | £211,688 |
| 3 Month Average | 49.208 % | £78,733 | £238,733 |
| 6 Month Average | 78.304 % | £125,286 | £285,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £345,000 | £345,000 | 27 WOOLWICH CLOSE |
| 1 Dec 2023 | £305,342 | £300,000 | 18 COLCHESTER CLOSE |
| 13 Sep 2023 | £343,391 | £339,000 | 53 ARNHEM DRIVE |
| 11 Aug 2023 | £317,780 | £315,000 | 6 ALAMEIN AVENUE |
| 19 Jul 2023 | £253,411 | £250,000 | 15 COLCHESTER CLOSE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 10 Jul 2009. Using an estimated price of £271,243 means this house is valued at £2,659 per sq meter (£247 per sq foot).
The average size of a house on CHERBOURG CRESCENT is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherbourg Crescent |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Cherbourg Crescent |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherbourg Crescent |
| Mar 2024 | Anti-social behaviour | On or near Colchester Close | |
| Mar 2024 | Anti-social behaviour | On or near Colchester Close |