£286,777
This estimated value is based upon the latest sale price for the house of £242,500 on 10 Sep 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £242,500 | 10 Sep 2020 |
| £148,000 | 9 May 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 978 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 September 2020 the House Price Index for MEDWAY was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £242,500 results in an estimated price of approximately £286,777.
| 10 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £242,500 | £44,277 | £286,777 |
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 | 22.987 % | £55,744 | £298,244 |
| 3 Month Average | -7.499 % | £-18,184 | £224,315 |
| 6 Month Average | 14.665 % | £35,562 | £278,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jan 2023 | £376,691 | £380,000 | 40 DOWNSVIEW |
| 5 Jan 2023 | £267,649 | £270,000 | 46 SHANKLIN CLOSE |
| 25 Nov 2022 | £467,420 | £475,000 | 4 MAUNDERS CLOSE |
| 20 May 2022 | £253,772 | £250,000 | 32 SHANKLIN CLOSE |
| 6 May 2022 | £261,893 | £258,000 | 47 SHANKLIN CLOSE |
This house has a floor area of 90 sq meters or 978 sq feet when measured on 9 Nov 2011. Using an estimated price of £286,777 means this house is valued at £3,153 per sq meter (£292 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 | Violence and sexual offences | Under investigation | On or near Downsview |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cobtree Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Shanklin Close |
| Jan 2024 | Public order | Awaiting court outcome | On or near Shanklin Close |
| Jan 2024 | Public order | Awaiting court outcome | On or near Shanklin Close |