£239,064
This estimated value is based upon the latest sale price for the house of £210,000 on 28 May 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£210,000 | 28 May 2021 |
£222,500 | 30 Jun 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 May 2021 the House Price Index for MEDWAY was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £210,000 results in an estimated price of approximately £239,064.
28 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.5 | 149.7 | 13.840 % | £210,000 | £29,064 | £239,064 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -2.357 % | £-4,948 | £205,051 |
3 Month Average | 30.179 % | £63,376 | £273,376 |
6 Month Average | 1.589 % | £3,336 | £213,336 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £552,550 | £540,000 | 27 ELLIOTTS WAY |
18 Aug 2023 | £361,520 | £355,000 | 17 PILOTS VIEW |
20 Sep 2022 | £404,730 | £405,000 | 5 AVIATION WALK |
25 Jul 2022 | £250,005 | £247,500 | 6 SHETLAND HOUSE DAKOTA DRIVE |
23 May 2022 | £236,152 | £230,000 | 3 NIMBUS HOUSE PILOTS VIEW |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 12 Apr 2017. Using an estimated price of £239,065 means this house is valued at £3,415 per sq meter (£317 per sq foot).
The average size of a house on DAKOTA DRIVE is 74 sq meters (796 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Dakota Drive | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dakota Drive |
May 2024 | Anti-social behaviour | On or near Dakota Drive | |
May 2024 | Anti-social behaviour | On or near Dakota Drive | |
May 2024 | Anti-social behaviour | On or near Dakota Drive |