£246,903
This estimated value is based upon the latest sale price for the house of £62,000 on 31 Jan 2000. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £62,000 | 31 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 January 2000 the House Price Index for MEDWAY was 37.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 298.231%.Applying this 298.231% change to the original purchase price of £62,000 results in an estimated price of approximately £246,903.
| 31 Jan 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.3 | 148.6 | 298.231 % | £62,000 | £184,903 | £246,903 |
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 | 236.690 % | £146,748 | £208,748 |
| 3 Month Average | 203.459 % | £126,144 | £188,144 |
| 6 Month Average | 282.847 % | £175,365 | £237,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £309,161 | £305,000 | 21 ELMHURST GARDENS |
| 14 Nov 2022 | £281,589 | £285,000 | 8 CRANLEIGH GARDENS |
| 16 Sep 2022 | £367,036 | £370,000 | 59 THE CHASE |
| 6 Jul 2022 | £297,802 | £297,000 | 18 CRANLEIGH GARDENS |
| 18 May 2022 | £163,073 | £160,000 | 34 THE CHASE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 11 May 2012. Using an estimated price of £246,903 means this house is valued at £2,870 per sq meter (£266 per sq foot).
The average size of a house on BOUNDARY ROAD is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Under investigation | On or near Atlanta Court |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Atlanta Court |
| Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Atlanta Court |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranleigh Gardens |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranleigh Gardens |