£153,053
This estimated value is based upon the latest sale price for the house of £131,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Capstone Road
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| Price Paid | Date |
|---|---|
| £131,000 | 16 Oct 2020 |
| Flats/Maisonettes |
| Leasehold |
| 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 October 2020 the House Price Index for MEDWAY was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £131,000 results in an estimated price of approximately £153,053.
| 16 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £131,000 | £22,053 | £153,053 |
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 | 46.207 % | £60,530 | £191,530 |
| 3 Month Average | -7.348 % | £-9,625 | £121,374 |
| 6 Month Average | 11.993 % | £15,710 | £146,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £85,288 | £85,000 | FLAT 3 KINGSDALE COURT HOPEWELL DRIVE |
| 13 Dec 2023 | £144,229 | £141,500 | 45 GLENWOOD CLOSE |
| 11 Dec 2023 | £86,639 | £85,000 | FLAT 42 KINGSDALE COURT HOPEWELL DRIVE |
| 21 Jul 2023 | £75,211 | £74,500 | FLAT 34 KINGSDALE COURT HOPEWELL DRIVE |
| 8 Jun 2023 | £136,104 | £135,000 | 18 GLENWOOD CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 17 Mar 2020. Using an estimated price of £153,053 means this house is valued at £2,638 per sq meter (£245 per sq foot).
The average size of a house on HOPEWELL DRIVE is 59 sq meters (641 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Capstone Road |
| Jan 2024 | Anti-social behaviour | On or near Capstone Road | |
| Jan 2024 | Anti-social behaviour | On or near Capstone Road | |
| Jan 2024 | Anti-social behaviour | On or near Capstone Road | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Capstone Road |