£313,067
This estimated value is based upon the latest sale price for the house of £185,000 on 13 Nov 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £185,000 | 13 Nov 2012 |
| £105,000 | 17 May 2002 |
| £105,000 | 17 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 November 2012 the House Price Index for MEDWAY was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £185,000 results in an estimated price of approximately £313,067.
| 13 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £185,000 | £128,067 | £313,067 |
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 | 28.215 % | £52,196 | £237,196 |
| 3 Month Average | 49.650 % | £91,851 | £276,851 |
| 6 Month Average | 87.084 % | £161,104 | £346,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £310,432 | £305,000 | 10 THE LINKS |
| 29 Sep 2023 | £212,720 | £210,000 | 7 FALLOWFIELD |
| 4 Aug 2023 | £428,751 | £425,000 | 10 NUTFIELD CLOSE |
| 17 Jan 2023 | £378,218 | £380,000 | 40 DOWNSVIEW |
| 10 Jan 2023 | £309,542 | £311,000 | 23 BANKSIDE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 6 Mar 2019. Using an estimated price of £313,067 means this house is valued at £2,608 per sq meter (£242 per sq foot).
The average size of a house on DOWNSVIEW is 94 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Greenbank |
| Mar 2024 | Public order | Under investigation | On or near Greenbank |
| Jan 2024 | Robbery | Unable to prosecute suspect | On or near Greenbank |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Greenbank |
| Dec 2023 | Drugs | Offender given a caution | On or near Greenbank |