£353,807
This estimated value is based upon the latest sale price for the house of £205,000 on 27 Apr 2011. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £205,000 | 27 Apr 2011 |
| £216,000 | 17 Dec 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,136 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 April 2011 the House Price Index for MEDWAY was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £205,000 results in an estimated price of approximately £353,807.
| 27 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £205,000 | £148,807 | £353,807 |
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 | 120.686 % | £247,405 | £452,405 |
| 3 Month Average | 91.552 % | £187,680 | £392,680 |
| 6 Month Average | 93.025 % | £190,702 | £395,702 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2022 | £330,455 | £332,000 | 29 STIRLING CLOSE |
| 13 May 2022 | £405,566 | £395,000 | 19 TYLER DRIVE |
| 29 Sep 2021 | £271,392 | £250,000 | 5 OLD CASTLE WALK |
| 24 Sep 2021 | £287,676 | £265,000 | 16 TYLER DRIVE |
| 6 Sep 2021 | £271,392 | £250,000 | 41 LYALL WAY |
This house has a floor area of 105 sq meters or 1,136 sq feet when measured on 17 Feb 2011. Using an estimated price of £353,807 means this house is valued at £3,350 per sq meter (£311 per sq foot).
The average size of a house on STIRLING CLOSE is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Stirling Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stirling Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clavell Close |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Tyler Drive |
| Oct 2024 | Anti-social behaviour | On or near Nares Road |