£163,598
This estimated value is based upon the latest sale price for the house of £36,500 on 5 Mar 1999. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £36,500 | 5 Mar 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 March 1999 the House Price Index for MEDWAY was 33.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 348.216%.Applying this 348.216% change to the original purchase price of £36,500 results in an estimated price of approximately £163,598.
| 5 Mar 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 148.6 | 348.216 % | £36,500 | £127,098 | £163,598 |
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 | 302.372 % | £110,365 | £146,865 |
| 3 Month Average | 325.591 % | £118,840 | £155,340 |
| 6 Month Average | 392.881 % | £143,401 | £179,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £253,757 | £250,000 | 26 ACHILLES ROAD |
| 10 Nov 2023 | £223,306 | £220,000 | 23 ALBION ROAD |
| 9 Nov 2023 | £203,005 | £200,000 | 11 ALBION ROAD |
| 18 Sep 2023 | £263,367 | £260,000 | 15 ALBION ROAD |
| 10 Aug 2023 | £337,957 | £335,000 | 15 DANE CLOSE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 3 Aug 2013. Using an estimated price of £163,599 means this house is valued at £3,207 per sq meter (£298 per sq foot).
The average size of a house on MINCERS CLOSE is 65 sq meters (705 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mincers Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Dane Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Valiant Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albion Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Albion Road |