£228,343
This estimated value is based upon the latest sale price for the house of £135,000 on 11 Dec 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 | 11 Dec 2012 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 December 2012 the House Price Index for MEDWAY was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £135,000 results in an estimated price of approximately £228,343.
11 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 148.6 | 69.144 % | £135,000 | £93,343 | £228,343 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 96.387 % | £130,122 | £265,122 |
3 Month Average | 59.352 % | £80,125 | £215,125 |
6 Month Average | 65.930 % | £89,005 | £224,005 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £312,736 | £310,000 | 6 EXETER WALK |
2 Jun 2023 | £293,556 | £290,000 | 68 PENNANT ROAD |
13 Jan 2023 | £238,875 | £240,000 | 50 PENNANT ROAD |
28 Jun 2022 | £307,343 | £303,000 | 193 WARREN WOOD ROAD |
1 Apr 2022 | £151,895 | £147,500 | 36 ASSOCIATION WALK |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 19 Sep 2012. Using an estimated price of £228,344 means this house is valued at £2,751 per sq meter (£255 per sq foot).
The average size of a house on WARREN WOOD ROAD is 85 sq meters (920 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Warren Wood Road | |
Jan 2024 | Anti-social behaviour | On or near Warren Wood Road | |
Jan 2024 | Anti-social behaviour | On or near Warren Wood Road | |
Dec 2023 | Other crime | Unable to prosecute suspect | On or near Warren Wood Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Warren Wood Road |