£113,133
This estimated value is based upon the latest sale price for the house of £112,000 on 6 Jul 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £112,000 | 6 Jul 2022 |
| £69,000 | 11 Mar 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 July 2022 the House Price Index for MEDWAY was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £112,000 results in an estimated price of approximately £113,133.
| 6 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £112,000 | £1,133 | £113,133 |
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 | 11.676 % | £13,076 | £125,076 |
| 3 Month Average | 1.976 % | £2,213 | £114,213 |
| 6 Month Average | -3.737 % | £-4,185 | £107,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £270,419 | £265,000 | 41 CHARLOTTE CLOSE |
| 28 Apr 2023 | £254,001 | £249,250 | 23 CHARLOTTE CLOSE |
| 11 Apr 2023 | £235,403 | £231,000 | 8 CHARLOTTE CLOSE |
| 31 Mar 2023 | £203,397 | £200,000 | 27 CHARLOTTE CLOSE |
| 6 Jul 2022 | £113,134 | £112,000 | 49 DOVE CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 29 Jul 2021. Using an estimated price of £113,134 means this house is valued at £2,134 per sq meter (£198 per sq foot).
The average size of a house on DOVE CLOSE is 50 sq meters (547 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Dove Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Dove Close |
| May 2024 | Anti-social behaviour | On or near Dove Close | |
| May 2024 | Anti-social behaviour | On or near Dove Close | |
| May 2024 | Anti-social behaviour | On or near Dove Close |