£396,428
This estimated value is based upon the latest sale price for the house of £250,000 on 5 Mar 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 5 Mar 2014 |
| £148,000 | 9 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 March 2014 the House Price Index for MEDWAY was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £250,000 results in an estimated price of approximately £396,428.
| 5 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £250,000 | £146,428 | £396,428 |
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 | 106.426 % | £266,064 | £516,064 |
| 3 Month Average | 92.734 % | £231,834 | £481,834 |
| 6 Month Average | 78.510 % | £196,276 | £446,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £375,763 | £372,500 | 17 WARD VIEW |
| 11 Sep 2023 | £1,053,217 | £1,030,000 | OLD ASH TREE RAINHAM ROAD |
| 2 Feb 2023 | £186,244 | £185,000 | 11 WARD VIEW |
| 27 Jan 2023 | £386,031 | £385,000 | 52 WARD VIEW |
| 18 Nov 2022 | £139,348 | £140,000 | FLAT B 143 RAINHAM ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 29 Nov 2013. Using an estimated price of £396,429 means this house is valued at £3,811 per sq meter (£354 per sq foot).
The average size of a house on CORRAL CLOSE is 135 sq meters (1,458 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Action to be taken by another organisation | On or near Corral Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Corral Close |
| Aug 2024 | Anti-social behaviour | On or near Corral Close | |
| Aug 2024 | Anti-social behaviour | On or near Corral Close | |
| Aug 2024 | Anti-social behaviour | On or near Corral Close |