£141,963
This estimated value is based upon the latest sale price for the house of £98,000 on 5 Jan 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£98,000 | 5 Jan 2012 |
£30,000 | 16 Jun 1995 |
Terraced |
Freehold |
Floor Area: 42 sq meters or 457 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 72.0.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 44.861%.Applying this 44.861% change to the original purchase price of £98,000 results in an estimated price of approximately £141,963.
5 Jan 2012 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.0 | 104.3 | 44.861 % | £98,000 | £43,963 | £141,963 |
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 | 96.940 % | £95,000 | £193,000 |
3 Month Average | 99.529 % | £97,538 | £195,538 |
6 Month Average | 92.146 % | £90,302 | £188,302 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2025 | £370,000 | £370,000 | 3 THRUSH CLOSE |
21 Mar 2025 | £280,000 | £280,000 | 2 KINROSS CLOSE |
2 Dec 2024 | £280,609 | £272,000 | 53 REDWING ROAD |
11 Oct 2024 | £296,958 | £285,000 | 4 KINROSS CLOSE |
19 May 2023 | £302,088 | £285,000 | 1 SPITFIRE CLOSE |
This house has a floor area of 42 sq meters or 457 sq feet when measured on 6 Jul 2011.
The average size of a house on REDWING ROAD is 69 sq meters (748 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Anti-social behaviour | On or near Redwing Road | |
Mar 2025 | Anti-social behaviour | On or near Redwing Road | |
Mar 2025 | Anti-social behaviour | On or near Redwing Road | |
Mar 2025 | Violence and sexual offences | Under investigation | On or near Snowdon Close |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Snowdon Close |