£237,948
This estimated value is based upon the latest sale price for the house of £161,000 on 12 Feb 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Slade Close
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| Price Paid | Date |
|---|---|
| £161,000 | 12 Feb 2015 |
| £128,000 | 22 Aug 2011 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 868 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 February 2015 the House Price Index for MEDWAY was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £161,000 results in an estimated price of approximately £237,948.
| 12 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £161,000 | £76,948 | £237,948 |
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 | 19.561 % | £31,493 | £192,493 |
| 3 Month Average | 33.914 % | £54,601 | £215,601 |
| 6 Month Average | 61.332 % | £98,744 | £259,744 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £198,000 | £198,000 | 74 DUCHESS OF KENT DRIVE |
| 3 Apr 2023 | £353,810 | £350,000 | 4 SWINGATE CLOSE |
| 20 Jan 2023 | £174,180 | £175,000 | 12 KATHERINE COURT DUCHESS OF KENT DRIVE |
| 17 Dec 2021 | £257,131 | £240,000 | 41 SLADE CLOSE |
| 10 Dec 2021 | £393,195 | £367,000 | 14 SWINGATE CLOSE |
This house has a floor area of 80 sq meters or 868 sq feet when measured on 21 Feb 2011. Using an estimated price of £237,949 means this house is valued at £2,950 per sq meter (£274 per sq foot).
The average size of a house on SLADE CLOSE is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Slade Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Slade Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Slade Close |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Slade Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albion Road |