£519,624
This estimated value is based upon the latest sale price for the house of £422,500 on 27 Sep 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £422,500 | 27 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 September 2018 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £422,500 results in an estimated price of approximately £519,624.
| 27 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £422,500 | £97,124 | £519,624 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -17.656 % | £-74,596 | £347,903 |
| 3 Month Average | 32.139 % | £135,788 | £558,288 |
| 6 Month Average | 22.313 % | £94,271 | £516,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £236,438 | £235,000 | 7 HANGER COURT PILOTS VIEW |
| 6 Jul 2023 | £343,247 | £340,000 | 2 BOMBARDIER WALK |
| 12 Jun 2023 | £488,965 | £485,000 | 42 ELLIOTTS WAY |
| 3 Apr 2023 | £261,947 | £260,000 | 1 CONDOR HOUSE ELLIOTTS WAY |
| 11 Nov 2022 | £452,660 | £460,000 | 61 ELLIOTTS WAY |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 18 Sep 2018. Using an estimated price of £519,624 means this house is valued at £3,765 per sq meter (£349 per sq foot).
The average size of a house on BOMBARDIER WALK is 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Pilots View | |
| Mar 2024 | Anti-social behaviour | On or near Pilots View | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pilots View |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beaufighter Close |
| Jan 2024 | Anti-social behaviour | On or near Dakota Drive |