£247,882
This estimated value is based upon the latest sale price for the house of £146,000 on 26 Oct 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £146,000 | 26 Oct 2012 |
| £140,000 | 5 Nov 2004 |
| £114,000 | 3 Oct 2003 |
| £45,000 | 27 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2012 the House Price Index for MEDWAY was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £146,000 results in an estimated price of approximately £247,882.
| 26 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £146,000 | £101,882 | £247,882 |
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 | 28.622 % | £41,788 | £187,788 |
| 3 Month Average | 58.128 % | £84,866 | £230,866 |
| 6 Month Average | 91.362 % | £133,388 | £279,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £309,583 | £305,000 | 2 GREENWICH CLOSE |
| 18 Aug 2023 | £287,515 | £285,000 | 10 GREENWICH CLOSE |
| 18 Apr 2023 | £308,320 | £305,000 | 38 EALING CLOSE |
| 31 Mar 2023 | £121,141 | £120,000 | 44 SHEPPERTON CLOSE |
| 4 Aug 2022 | £282,240 | £283,000 | 77 KINGSTON CRESCENT |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 20 Dec 2013. Using an estimated price of £247,883 means this house is valued at £3,305 per sq meter (£307 per sq foot).
The average size of a house on EALING CLOSE is 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Shepperton Close | |
| Jan 2024 | Anti-social behaviour | On or near Shepperton Close | |
| Jan 2024 | Anti-social behaviour | On or near Shepperton Close | |
| Jan 2024 | Anti-social behaviour | On or near Shepperton Close | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shepperton Close |