£187,721
This estimated value is based upon the latest sale price for the house of £150,500 on 18 May 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £150,500 | 18 May 2018 |
| £105,000 | 17 Apr 2003 |
| £39,500 | 28 Jul 1995 |
| 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 May 2018 the House Price Index for MEDWAY was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £150,500 results in an estimated price of approximately £187,721.
| 18 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £150,500 | £37,221 | £187,721 |
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 | 10.829 % | £16,298 | £166,798 |
| 3 Month Average | -11.024 % | £-16,591 | £133,908 |
| 6 Month Average | 14.100 % | £21,220 | £171,720 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £172,000 | £172,000 | 21 INSTITUTE ROAD |
| 2 Nov 2023 | £192,855 | £190,000 | 20 INSTITUTE ROAD |
| 10 Feb 2023 | £139,906 | £140,000 | FLAT 2 8 INSTITUTE ROAD |
| 18 Jan 2023 | £89,080 | £89,500 | 6 ARCHES VIEW |
| 20 Sep 2022 | £217,742 | £219,500 | 26 INSTITUTE ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 4 Mar 2015. Using an estimated price of £187,722 means this house is valued at £2,182 per sq meter (£202 per sq foot).
The average size of a house on MEADOW BANK ROAD is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Meadowbank Road | |
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Meadowbank Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Meadowbank Road |
| Mar 2024 | Public order | Under investigation | On or near Meadowbank Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Meadowbank Road |