£350,807
This estimated value is based upon the latest sale price for the house of £247,500 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£247,500 | 30 Oct 2015 |
£200,000 | 28 Feb 2014 |
£127,500 | 11 Apr 2003 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 October 2015 the House Price Index for MEDWAY was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £247,500 results in an estimated price of approximately £350,807.
30 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 149.7 | 41.740 % | £247,500 | £103,307 | £350,807 |
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 | 20.960 % | £51,876 | £299,376 |
3 Month Average | 34.915 % | £86,415 | £333,915 |
6 Month Average | 37.413 % | £92,596 | £340,096 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £164,041 | £159,000 | 19 CLAVELL CLOSE |
28 Apr 2023 | £249,670 | £245,000 | 33 OLD CASTLE WALK |
30 Mar 2023 | £331,537 | £326,000 | 13 CLAVELL CLOSE |
26 Jul 2022 | £137,377 | £136,000 | 21 CLAVELL CLOSE |
12 Apr 2022 | £158,207 | £152,500 | 33 CLAVELL CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 2 Aug 2020. Using an estimated price of £350,807 means this house is valued at £3,731 per sq meter (£346 per sq foot).
The average size of a house on CLAVELL CLOSE is 70 sq meters (763 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Deanwood Drive | |
May 2024 | Anti-social behaviour | On or near Deanwood Drive | |
May 2024 | Anti-social behaviour | On or near Deanwood Drive | |
May 2024 | Anti-social behaviour | On or near Deanwood Drive | |
May 2024 | Anti-social behaviour | On or near Deanwood Drive |