£391,370
This estimated value is based upon the latest sale price for the house of £230,000 on 16 Dec 2011. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £230,000 | 16 Dec 2011 |
| £210,000 | 18 Nov 2009 |
| £120,000 | 29 Feb 2000 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 935 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 December 2011 the House Price Index for MEDWAY was 86.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.161%.Applying this 70.161% change to the original purchase price of £230,000 results in an estimated price of approximately £391,370.
| 16 Dec 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 146.7 | 70.161 % | £230,000 | £161,370 | £391,370 |
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 | 29.510 % | £67,874 | £297,874 |
| 3 Month Average | 71.183 % | £163,721 | £393,721 |
| 6 Month Average | 80.918 % | £186,111 | £416,111 |
This house has a floor area of 86 sq meters or 935 sq feet when measured on 9 Mar 2009.
The average size of a house on RUSSET CLOSE is 160 sq meters (1,725 sq feet).
This house is the smallest in the street with a floor area of 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Russet Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Russet Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allington Drive |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Crispin Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rede Court Road |