£292,437
This estimated value is based upon the latest sale price for the house of £235,000 on 28 Feb 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £235,000 | 28 Feb 2018 |
| £162,000 | 10 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2018 the House Price Index for MEDWAY was 118.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.442%.Applying this 24.442% change to the original purchase price of £235,000 results in an estimated price of approximately £292,437.
| 28 Feb 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.0 | 24.442 % | £235,000 | £57,437 | £292,437 |
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 | 71.654 % | £168,387 | £403,387 |
| 3 Month Average | 4.693 % | £11,029 | £246,029 |
| 6 Month Average | 20.295 % | £47,692 | £282,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Mar 2023 | £246,332 | £245,000 | 10 ROSEMARY CLOSE |
| 7 Apr 2022 | £271,795 | £265,000 | 12 MYRTLE CRESCENT |
| 25 Feb 2022 | £271,560 | £260,000 | 40 MYRTLE CRESCENT |
| 16 Jul 2021 | £268,987 | £235,000 | 45 GORSE AVENUE |
| 25 Nov 2020 | £225,161 | £195,000 | 8 ROSEMARY CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 30 Nov 2015. Using an estimated price of £292,438 means this house is valued at £3,178 per sq meter (£295 per sq foot).
The average size of a house on SILVERWEED ROAD is 82 sq meters (888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Campanula Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Campanula Court |
| Apr 2024 | Vehicle crime | Under investigation | On or near Myrtle Crescent |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Myrtle Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Myrtle Crescent |