£251,716
This estimated value is based upon the latest sale price for the house of £213,000 on 28 Oct 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £213,000 | 28 Oct 2020 |
| £195,000 | 29 Sep 2017 |
| £125,000 | 27 Mar 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 47 sq meters or 505 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 October 2020 the House Price Index for MEDWAY was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £213,000 results in an estimated price of approximately £251,716.
| 28 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £213,000 | £38,716 | £251,716 |
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 | 29.939 % | £63,770 | £276,770 |
| 3 Month Average | 17.938 % | £38,208 | £251,208 |
| 6 Month Average | 11.775 % | £25,079 | £238,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £296,099 | £287,000 | 17 ROTHERVALE |
| 20 Oct 2023 | £237,392 | £232,000 | 17 CROYDON CLOSE |
| 14 Apr 2023 | £244,575 | £240,000 | 54 CROYDON CLOSE |
| 28 Feb 2023 | £362,421 | £360,000 | 4 HALL ROAD |
| 16 Sep 2022 | £304,796 | £305,000 | 22 ROTHERVALE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 8 Jan 2015. Using an estimated price of £251,716 means this house is valued at £5,355 per sq meter (£497 per sq foot).
The average size of a house on CROYDON CLOSE is 62 sq meters (668 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Croydon Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Croydon Close |
| Jul 2024 | Anti-social behaviour | On or near Croydon Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Croydon Close |
| Jul 2024 | Anti-social behaviour | On or near Croydon Close |