£326,253
This estimated value is based upon the latest sale price for the house of £265,000 on 24 May 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £265,000 | 24 May 2019 |
| £255,000 | 6 May 2016 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2019 the House Price Index for MEDWAY was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £265,000 results in an estimated price of approximately £326,253.
| 24 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.115 % | £265,000 | £61,253 | £326,253 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 74.272 % | £196,820 | £461,820 |
| 3 Month Average | 18.677 % | £49,492 | £314,492 |
| 6 Month Average | 18.088 % | £47,933 | £312,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2023 | £326,766 | £325,000 | 19 ROWBROCKE CLOSE |
| 17 Feb 2023 | £298,588 | £300,000 | 87 HAWBECK ROAD |
| 9 Jun 2022 | £338,430 | £335,000 | 3 WOLLASTON MEWS |
| 11 Apr 2022 | £294,359 | £287,000 | 23 ROWBROCKE CLOSE |
| 7 Apr 2022 | £323,077 | £315,000 | 99 HAWBECK ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 23 Feb 2016. Using an estimated price of £326,254 means this house is valued at £3,978 per sq meter (£369 per sq foot).
The average size of a house on SEDLEY CLOSE is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Rowbrocke Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Rowbrocke Close |
| Mar 2024 | Anti-social behaviour | On or near Sedley Close | |
| Mar 2024 | Anti-social behaviour | On or near Sedley Close | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sedley Close |