£419,065
This estimated value is based upon the latest sale price for the house of £340,000 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£340,000 | 28 Feb 2020 |
£225,000 | 3 Jun 2016 |
£209,000 | 25 Jan 2008 |
£109,000 | 5 Oct 2001 |
£97,450 | 10 Aug 2001 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 February 2020 the House Price Index for MEDWAY was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £340,000 results in an estimated price of approximately £419,065.
28 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £340,000 | £79,065 | £419,065 |
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 | 8.790 % | £29,885 | £369,885 |
3 Month Average | 11.883 % | £40,402 | £380,402 |
6 Month Average | 10.996 % | £37,385 | £377,385 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £183,662 | £179,000 | 66 NARES ROAD |
29 Mar 2023 | £295,434 | £290,500 | 57 PEVEREL GREEN |
29 Apr 2022 | £197,629 | £190,500 | 54 OLD CASTLE WALK |
21 Mar 2022 | £193,128 | £185,000 | 76 NARES ROAD |
13 Dec 2021 | £205,069 | £190,000 | 60 OLD CASTLE WALK |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 18 Sep 2019. Using an estimated price of £419,066 means this house is valued at £4,506 per sq meter (£418 per sq foot).
The average size of a house on PLOMLEY CLOSE is 89 sq meters (960 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Plomley Close | |
Jul 2024 | Anti-social behaviour | On or near Plomley Close | |
Jul 2024 | Anti-social behaviour | On or near Plomley Close | |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Plomley Close |
Aug 2024 | Anti-social behaviour | On or near Deanwood Drive |