£240,893
This estimated value is based upon the latest sale price for the house of £197,500 on 30 Jan 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £197,500 | 30 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2020 the House Price Index for MEDWAY was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £197,500 results in an estimated price of approximately £240,893.
| 30 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £197,500 | £43,393 | £240,893 |
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 | 11.477 % | £22,666 | £220,166 |
| 3 Month Average | -5.161 % | £-10,192 | £187,307 |
| 6 Month Average | 10.003 % | £19,756 | £217,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £140,000 | £140,000 | 10 VICTORIA ROAD |
| 30 Jun 2023 | £221,179 | £218,500 | 22 DAGMAR ROAD |
| 28 Jul 2022 | £230,621 | £230,000 | 20 VICTORIA ROAD |
| 1 Jul 2022 | £215,580 | £215,000 | 85 CASTLE ROAD |
| 28 Jun 2022 | £213,010 | £210,000 | 74 CASTLE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Sep 2018. Using an estimated price of £240,894 means this house is valued at £3,211 per sq meter (£298 per sq foot).
The average size of a house on DAGMAR ROAD is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dagmar Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Castle Road |
| Mar 2024 | Anti-social behaviour | On or near Castle Road | |
| Mar 2024 | Public order | Under investigation | On or near Castle Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Castle Road |