£533,216
This estimated value is based upon the latest sale price for the house of £428,000 on 1 Apr 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £428,000 | 1 Apr 2019 |
| £292,000 | 5 Dec 2007 |
| Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 April 2019 the House Price Index for MEDWAY was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £428,000 results in an estimated price of approximately £533,216.
| 1 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £428,000 | £105,216 | £533,216 |
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 | 35.121 % | £150,317 | £578,317 |
| 3 Month Average | 19.610 % | £83,929 | £511,929 |
| 6 Month Average | 17.260 % | £73,870 | £501,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £294,035 | £285,000 | 4 SWIFT CRESCENT |
| 22 Nov 2023 | £309,866 | £302,000 | 27 SETFORD ROAD |
| 6 Jan 2023 | £626,674 | £625,000 | 2 BARLEYMOW CLOSE |
| 16 Sep 2022 | £564,623 | £565,000 | 35 BARLEYMOW CLOSE |
| 22 Jul 2022 | £727,287 | £720,000 | 38 BARLEYMOW CLOSE |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 21 Jun 2013. Using an estimated price of £533,217 means this house is valued at £3,418 per sq meter (£317 per sq foot).
The average size of a house on RYEGRASS CLOSE is 191 sq meters (2,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ryegrass Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ryegrass Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shackleton Close |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Sheridan Close |
| May 2024 | Public order | Further action is not in the public interest | On or near Sheridan Close |