£264,823
This estimated value is based upon the latest sale price for the house of £265,000 on 1 Sep 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £265,000 | 1 Sep 2022 |
| £205,000 | 2 Sep 2016 |
| £132,000 | 12 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2022 the House Price Index for MEDWAY was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £265,000 results in an estimated price of approximately £264,823.
| 1 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £265,000 | £-176 | £264,823 |
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 | 23.905 % | £63,346 | £328,346 |
| 3 Month Average | -0.033 % | £-87 | £264,912 |
| 6 Month Average | 4.368 % | £11,575 | £276,575 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £264,956 | £260,000 | 37 FLAMINGO CLOSE |
| 24 Feb 2023 | £241,614 | £240,000 | 9 FLAMINGO CLOSE |
| 20 Jan 2023 | £300,804 | £300,000 | 22 WEDGEWOOD DRIVE |
| 1 Sep 2022 | £264,823 | £265,000 | 7 CHAFFINCH CLOSE |
| 10 Aug 2022 | £220,029 | £219,000 | 51 CHAFFINCH CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 4 Feb 2016. Using an estimated price of £264,823 means this house is valued at £4,203 per sq meter (£390 per sq foot).
The average size of a house on CHAFFINCH CLOSE is 57 sq meters (619 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Chaffinch Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Chaffinch Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Flamingo Close |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Coverdale Close |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Coverdale Close |