£298,214
This estimated value is based upon the latest sale price for the house of £242,000 on 10 Apr 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£242,000 | 10 Apr 2018 |
£152,000 | 21 Apr 2011 |
£139,995 | 6 May 2005 |
£87,500 | 13 Mar 2002 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 630 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 April 2018 the House Price Index for MEDWAY was 119.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.Applying this 23.229% change to the original purchase price of £242,000 results in an estimated price of approximately £298,214.
10 Apr 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 146.7 | 23.229 % | £242,000 | £56,214 | £298,214 |
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 | -13.884 % | £-33,599 | £208,400 |
3 Month Average | 13.710 % | £33,178 | £275,178 |
6 Month Average | 16.353 % | £39,574 | £281,574 |
This house has a floor area of 58 sq meters or 630 sq feet when measured on 3 Sep 2010.
The average size of a house on HANCOCK CLOSE is 75 sq meters (808 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (630 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Smetham Gardens |
Dec 2023 | Anti-social behaviour | On or near Smetham Gardens | |
Dec 2023 | Anti-social behaviour | On or near Smetham Gardens | |
Dec 2023 | Anti-social behaviour | On or near Smetham Gardens | |
Dec 2023 | Anti-social behaviour | On or near Smetham Gardens |