£175,968
This estimated value is based upon the latest sale price for the house of £103,700 on 24 Jan 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £103,700 | 24 Jan 2012 |
| £109,650 | 20 Jul 2007 |
| £81,995 | 28 Feb 2003 |
| Terraced |
| Leasehold |
| Floor Area: 46 sq meters or 502 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 January 2012 the House Price Index for MEDWAY was 86.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.690%.Applying this 69.690% change to the original purchase price of £103,700 results in an estimated price of approximately £175,968.
| 24 Jan 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 146.7 | 69.690 % | £103,700 | £72,268 | £175,968 |
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 | 37.603 % | £38,993 | £142,693 |
| 3 Month Average | 51.547 % | £53,454 | £157,154 |
| 6 Month Average | 88.383 % | £91,652 | £195,352 |
This house has a floor area of 46 sq meters or 502 sq feet when measured on 16 Aug 2011.
The average size of a house on WEDGEWOOD DRIVE is 58 sq meters (630 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Chaffinch Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chaffinch Close |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Churchill Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Bader Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heritage Road |