£295,436
This estimated value is based upon the latest sale price for the house of £237,500 on 21 Jun 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£237,500 | 21 Jun 2018 |
£139,995 | 1 Dec 2006 |
£87,995 | 7 Jun 2002 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 June 2018 the House Price Index for MEDWAY was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £237,500 results in an estimated price of approximately £295,436.
21 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £237,500 | £57,936 | £295,436 |
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 | -14.743 % | £-35,013 | £202,486 |
3 Month Average | 1.889 % | £4,485 | £241,985 |
6 Month Average | 21.805 % | £51,787 | £289,287 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £310,432 | £305,000 | 6 OPAL GREEN |
18 Sep 2023 | £263,367 | £260,000 | 15 ALBION ROAD |
10 Jun 2022 | £297,707 | £293,500 | 9 ALBION ROAD |
25 May 2022 | £281,300 | £276,000 | 7 TRELAWN CRESCENT |
6 May 2022 | £356,722 | £350,000 | 631 LORDS WOOD LANE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 9 Dec 2017. Using an estimated price of £295,436 means this house is valued at £5,093 per sq meter (£473 per sq foot).
The average size of a house on OPAL GREEN is 89 sq meters (958 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trelawn Crescent |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Trelawn Crescent |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trelawn Crescent |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trelawn Crescent |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trelawn Crescent |