£316,897
This estimated value is based upon the latest sale price for the house of £252,500 on 29 Jan 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £252,500 | 29 Jan 2018 |
| £165,000 | 16 Apr 2010 |
| £173,000 | 7 Feb 2007 |
| £148,000 | 4 Nov 2005 |
| £133,000 | 1 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 674 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 2018 the House Price Index for MEDWAY was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £252,500 results in an estimated price of approximately £316,897.
| 29 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £252,500 | £64,397 | £316,897 |
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 | -11.786 % | £-29,758 | £222,741 |
| 3 Month Average | 1.456 % | £3,676 | £256,176 |
| 6 Month Average | 22.024 % | £55,609 | £308,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £339,339 | £335,000 | 8 WOODCHURCH CLOSE |
| 17 Jul 2023 | £256,452 | £253,000 | 8 WINCHELSEA ROAD |
| 11 Jul 2023 | £281,793 | £278,000 | 24 ROMNEY ROAD |
| 5 Apr 2023 | £295,684 | £292,500 | 58 WINCHELSEA ROAD |
| 22 Mar 2023 | £277,615 | £275,000 | 15 WINCHELSEA ROAD |
This house has a floor area of 62 sq meters or 674 sq feet when measured on 11 Feb 2010. Using an estimated price of £316,898 means this house is valued at £5,054 per sq meter (£469 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Winchelsea Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Princes Avenue |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Princes Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Woodchurch Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Emily Road |