£181,831
This estimated value is based upon the latest sale price for the house of £165,000 on 28 Oct 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £165,000 | 28 Oct 2021 |
| £114,000 | 13 Mar 2017 |
| £46,000 | 14 Dec 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 2021 the House Price Index for MEDWAY was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £165,000 results in an estimated price of approximately £181,831.
| 28 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £165,000 | £16,831 | £181,831 |
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 | 37.779 % | £62,334 | £227,334 |
| 3 Month Average | -16.666 % | £-27,498 | £137,501 |
| 6 Month Average | -1.635 % | £-2,698 | £162,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £332,019 | £330,000 | 37 DOWNSVIEW |
| 7 Jul 2023 | £227,149 | £225,000 | 7 BERKSHIRE CLOSE |
| 29 Jun 2023 | £136,104 | £135,000 | 11 SOMERSET CLOSE |
| 14 Feb 2023 | £6,387,989 | £6,418,202 | 96 HOPEWELL DRIVE |
| 16 Feb 2022 | £285,138 | £273,000 | 31 WILTSHIRE CLOSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 23 Aug 2013. Using an estimated price of £181,832 means this house is valued at £3,030 per sq meter (£281 per sq foot).
The average size of a house on WILTSHIRE CLOSE is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Wiltshire Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wiltshire Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wiltshire Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wiltshire Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wiltshire Close |