£266,092
This estimated value is based upon the latest sale price for the house of £110,000 on 24 Feb 2003. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £110,000 | 24 Feb 2003 |
| £58,500 | 24 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 February 2003 the House Price Index for MEDWAY was 60.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 141.902%.Applying this 141.902% change to the original purchase price of £110,000 results in an estimated price of approximately £266,092.
| 24 Feb 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 146.7 | 141.902 % | £110,000 | £156,092 | £266,092 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 79.077 % | £86,984 | £196,984 |
| 3 Month Average | 98.413 % | £108,253 | £218,253 |
| 6 Month Average | 161.618 % | £177,779 | £287,779 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 20 Jul 2020.
The average size of a house on KING GEORGE ROAD is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pimpernel Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holland Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pimpernel Way |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Holland Road |
| Mar 2024 | Anti-social behaviour | On or near Sedge Crescent |