£260,303
This estimated value is based upon the latest sale price for the house of £253,000 on 17 Jul 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £253,000 | 17 Jul 2023 |
| £215,000 | 24 Jul 2020 |
| £165,000 | 15 Aug 2014 |
| £124,000 | 1 Sep 2011 |
| £110,000 | 6 May 2003 |
| £53,000 | 13 Aug 1999 |
| £42,000 | 1 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 593 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 2023 the House Price Index for MEDWAY was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £253,000 results in an estimated price of approximately £260,303.
| 17 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £253,000 | £7,303 | £260,303 |
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 | -8.511 % | £-21,533 | £231,466 |
| 3 Month Average | 3.316 % | £8,389 | £261,389 |
| 6 Month Average | -3.104 % | £-7,854 | £245,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £336,061 | £330,000 | 67 CHRISTIE CLOSE |
| 5 Apr 2023 | £298,075 | £292,500 | 58 WINCHELSEA ROAD |
| 22 Mar 2023 | £279,671 | £275,000 | 15 WINCHELSEA ROAD |
| 30 Jan 2023 | £285,764 | £285,000 | 23 BURMARSH CLOSE |
| 8 Jul 2022 | £272,733 | £270,000 | 30 WINCHELSEA ROAD |
This house has a floor area of 55 sq meters or 593 sq feet when measured on 13 Sep 2010.
The average size of a house on WINCHELSEA ROAD is 66 sq meters (717 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Winchelsea Road |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Winchelsea Road |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Winchelsea Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Winchelsea Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burmarsh Close |