£314,409
This estimated value is based upon the latest sale price for the house of £188,000 on 9 Jul 2010. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £188,000 | 9 Jul 2010 |
| £157,000 | 30 Apr 2004 |
| £95,000 | 23 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2010 the House Price Index for MEDWAY was 87.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.239%.Applying this 67.239% change to the original purchase price of £188,000 results in an estimated price of approximately £314,409.
| 9 Jul 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 146.7 | 67.239 % | £188,000 | £126,409 | £314,409 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | 28.639 % | £53,841 | £241,841 |
| 3 Month Average | 71.503 % | £134,426 | £322,426 |
| 6 Month Average | 80.481 % | £151,303 | £339,303 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 17 Jan 2020.
The average size of a house on GODFREY CLOSE is 126 sq meters (1,357 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Strodes Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Strodes Close |