£348,771
This estimated value is based upon the latest sale price for the house of £252,000 on 21 Dec 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £252,000 | 21 Dec 2015 |
| £229,995 | 18 Sep 2014 |
| £200,000 | 7 Mar 2014 |
| £81,950 | 3 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2015 the House Price Index for MEDWAY was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £252,000 results in an estimated price of approximately £348,771.
| 21 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £252,000 | £96,771 | £348,771 |
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 | -8.919 % | £-22,476 | £229,523 |
| 3 Month Average | 12.949 % | £32,630 | £284,630 |
| 6 Month Average | 42.946 % | £108,222 | £360,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £302,648 | £300,000 | 22 KINGFISHER DRIVE |
| 21 Mar 2023 | £317,996 | £315,000 | 51 KINGFISHER DRIVE |
| 21 Mar 2023 | £234,207 | £232,000 | 26 SHERIDAN CLOSE |
| 13 Jan 2023 | £328,453 | £330,000 | 34 SHERIDAN CLOSE |
| 6 Jan 2023 | £622,070 | £625,000 | 2 BARLEYMOW CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 29 Jul 2015. Using an estimated price of £348,771 means this house is valued at £4,777 per sq meter (£443 per sq foot).
The average size of a house on KINGFISHER DRIVE is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheridan Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Sheridan Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheridan Close |
| Mar 2024 | Drugs | Local resolution | On or near Kingfisher Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wordsworth Close |