£280,266
This estimated value is based upon the latest sale price for the house of £230,000 on 25 Feb 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £230,000 | 25 Feb 2020 |
| £199,950 | 26 Jun 2015 |
| £145,000 | 5 Jul 2002 |
| £68,000 | 9 Apr 1999 |
| £50,000 | 28 Jul 1995 |
| Terraced |
| 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 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £230,000 results in an estimated price of approximately £280,266.
| 25 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £230,000 | £50,266 | £280,266 |
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 | 67.856 % | £156,068 | £386,068 |
| 3 Month Average | 11.263 % | £25,904 | £255,904 |
| 6 Month Average | 9.960 % | £22,908 | £252,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £312,054 | £311,000 | 66 WHEATCROFT GROVE |
| 7 Dec 2023 | £321,074 | £315,000 | 124 MIERSCOURT ROAD |
| 18 Aug 2023 | £301,835 | £300,000 | 98 WHEATCROFT GROVE |
| 30 Mar 2023 | £321,739 | £320,000 | 62 WHEATCROFT GROVE |
| 10 Feb 2023 | £333,423 | £335,000 | 78 WHEATCROFT GROVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 11 Nov 2014. Using an estimated price of £280,266 means this house is valued at £3,013 per sq meter (£279 per sq foot).
The average size of a house on WHEATCROFT GROVE is 89 sq meters (964 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near The Crofters | |
| Feb 2024 | Anti-social behaviour | On or near The Crofters | |
| Feb 2024 | Anti-social behaviour | On or near The Crofters | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crofters |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crofters |