£475,926
This estimated value is based upon the latest sale price for the house of £333,000 on 11 Sep 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £333,000 | 11 Sep 2015 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2015 the House Price Index for MEDWAY was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £333,000 results in an estimated price of approximately £475,926.
| 11 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £333,000 | £142,926 | £475,926 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 48.190 % | £160,471 | £493,471 |
| 3 Month Average | 36.681 % | £122,146 | £455,146 |
| 6 Month Average | 41.252 % | £137,367 | £470,367 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £214,880 | £210,000 | 25 WYVILL CLOSE |
| 17 Jun 2022 | £197,216 | £193,000 | 31 BOND ROAD |
| 1 Jun 2022 | £485,375 | £475,000 | 4 BOND ROAD |
| 11 Feb 2022 | £142,622 | £135,000 | 25 BOND ROAD |
| 9 Dec 2021 | £154,881 | £143,500 | 57 BOND ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 13 Feb 2015. Using an estimated price of £475,926 means this house is valued at £3,901 per sq meter (£362 per sq foot).
The average size of a house on WYVILL CLOSE is 78 sq meters (845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Parking Area |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |