£236,349
This estimated value is based upon the latest sale price for the house of £190,000 on 7 Jun 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £190,000 | 7 Jun 2018 |
| £125,000 | 2 Aug 2010 |
| £110,000 | 23 Apr 2004 |
| £59,500 | 29 Jun 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 821 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 June 2018 the House Price Index for MEDWAY was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £190,000 results in an estimated price of approximately £236,349.
| 7 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £190,000 | £46,349 | £236,349 |
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 | 7.881 % | £14,973 | £204,973 |
| 3 Month Average | -12.176 % | £-23,133 | £166,866 |
| 6 Month Average | 14.130 % | £26,846 | £216,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £161,962 | £160,000 | 23 SOUTHILL ROAD |
| 12 Apr 2023 | £217,340 | £215,000 | 24 SOUTHILL ROAD |
| 31 Jan 2023 | £199,062 | £200,000 | 8 SOUTHILL ROAD |
| 24 Jan 2023 | £194,086 | £195,000 | 5 ARMADA WAY |
| 15 Jul 2022 | £226,610 | £226,000 | 36 SOUTHILL ROAD |
This house has a floor area of 76 sq meters or 821 sq feet when measured on 4 Mar 2010. Using an estimated price of £236,349 means this house is valued at £3,097 per sq meter (£287 per sq foot).
The average size of a house on MOUNT ROAD is 82 sq meters (888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mount Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mount Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Road |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Mount Road |