£308,838
This estimated value is based upon the latest sale price for the house of £250,000 on 7 Jan 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£250,000 | 7 Jan 2019 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 January 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £250,000 results in an estimated price of approximately £308,838.
7 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.536 % | £250,000 | £58,838 | £308,838 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | -14.742 % | £-36,854 | £213,145 |
3 Month Average | -6.181 % | £-15,451 | £234,548 |
6 Month Average | -2.944 % | £-7,359 | £242,640 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £273,497 | £270,000 | 45 HILLSHAW CRESCENT |
31 Aug 2023 | £292,559 | £290,000 | 20 HILLSHAW CRESCENT |
6 Jul 2023 | £354,775 | £350,000 | 19 MERRALS WOOD ROAD |
4 Jul 2023 | £304,093 | £300,000 | 16 RANSCOMBE CLOSE |
3 Apr 2023 | £301,244 | £298,000 | 3 MERRALS WOOD ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 21 Mar 2018. Using an estimated price of £308,839 means this house is valued at £3,633 per sq meter (£337 per sq foot).
The average size of a house on HILLSHAW CRESCENT is 81 sq meters (879 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hillshaw Crescent |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Ranscombe Close |
Feb 2024 | Criminal damage and arson | Local resolution | On or near Ranscombe Close |
Feb 2024 | Violence and sexual offences | Local resolution | On or near Ranscombe Close |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rushdean Road |