£229,921
This estimated value is based upon the latest sale price for the house of £135,000 on 3 Aug 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £135,000 | 3 Aug 2012 |
| £65,000 | 21 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,159 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 August 2012 the House Price Index for MEDWAY was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £135,000 results in an estimated price of approximately £229,921.
| 3 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £135,000 | £94,921 | £229,921 |
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 | 47.268 % | £63,812 | £198,812 |
| 3 Month Average | 55.846 % | £75,391 | £210,391 |
| 6 Month Average | 93.496 % | £126,220 | £261,220 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £6,106,850 | £6,000,000 | AINSWORTH COURT 547-555, 555 CANTERBURY STREET |
| 8 Jun 2023 | £202,452 | £200,000 | 128 RAINHAM ROAD |
| 20 Feb 2023 | £224,849 | £225,000 | 116 RAINHAM ROAD |
| 10 Feb 2023 | £289,805 | £290,000 | 21 EVA ROAD |
| 13 Jan 2023 | £225,890 | £226,954 | 18 EVA ROAD |
This house has a floor area of 107 sq meters or 1,159 sq feet when measured on 5 Mar 2012. Using an estimated price of £229,922 means this house is valued at £2,134 per sq meter (£198 per sq foot).
The average size of a house on RAINHAM ROAD is 97 sq meters (1,052 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Rainham Road |
| Mar 2024 | Anti-social behaviour | On or near Rainham Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rainham Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Jezreels Road |
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near Jezreels Road |