£204,341
This estimated value is based upon the latest sale price for the house of £107,000 on 24 Sep 2004. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £107,000 | 24 Sep 2004 |
| £85,000 | 6 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 September 2004 the House Price Index for MEDWAY was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £107,000 results in an estimated price of approximately £204,341.
| 24 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £107,000 | £97,341 | £204,341 |
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 | 41.511 % | £44,416 | £151,416 |
| 3 Month Average | 29.846 % | £31,935 | £138,935 |
| 6 Month Average | 72.619 % | £77,702 | £184,702 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £140,000 | £140,000 | 88 DALE STREET |
| 18 Aug 2023 | £270,365 | £268,000 | 7 SCOTTS TERRACE |
| 8 Mar 2023 | £162,531 | £161,000 | 56 DALE STREET |
| 25 Jan 2023 | £373,242 | £375,000 | 17 KING EDWARD ROAD |
| 14 Apr 2022 | £247,152 | £240,000 | 62 DALE STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 19 Jan 2012. Using an estimated price of £204,342 means this house is valued at £2,838 per sq meter (£263 per sq foot).
The average size of a house on SCOTTS TERRACE is 70 sq meters (761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Scott'S Terrace |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Scott'S Terrace |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scott'S Terrace |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scott'S Terrace |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Scott'S Terrace |