£200,766
This estimated value is based upon the latest sale price for the house of £162,500 on 27 Jun 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £162,500 | 27 Jun 2019 |
| £105,000 | 31 Aug 2006 |
| £27,500 | 23 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 June 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £162,500 results in an estimated price of approximately £200,766.
| 27 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £162,500 | £38,266 | £200,766 |
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 | -16.772 % | £-27,255 | £135,244 |
| 3 Month Average | -3.176 % | £-5,160 | £157,339 |
| 6 Month Average | 22.376 % | £36,360 | £198,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £139,906 | £140,000 | FLAT 2 8 INSTITUTE ROAD |
| 18 Jan 2023 | £89,080 | £89,500 | 6 ARCHES VIEW |
| 8 Jul 2022 | £135,364 | £135,000 | 7 ARCHES VIEW |
| 20 Jun 2022 | £174,973 | £172,500 | 2 MAGPIE HALL ROAD |
| 27 May 2022 | £230,340 | £226,000 | 20 MEADOW BANK ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 24 Jun 2014. Using an estimated price of £200,767 means this house is valued at £3,291 per sq meter (£305 per sq foot).
The average size of a house on CHATHAM HILL is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hillside Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillside Road |
| Mar 2024 | Anti-social behaviour | On or near Hillside Road | |
| Mar 2024 | Anti-social behaviour | On or near Hillside Road | |
| Mar 2024 | Anti-social behaviour | On or near Hillside Road |