£297,495
This estimated value is based upon the latest sale price for the house of £247,000 on 11 Mar 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £247,000 | 11 Mar 2020 |
| £137,500 | 21 Apr 2011 |
| £140,000 | 8 Oct 2004 |
| £127,000 | 20 Jun 2003 |
| £46,750 | 27 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 984 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 March 2020 the House Price Index for MEDWAY was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £247,000 results in an estimated price of approximately £297,495.
| 11 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £247,000 | £50,495 | £297,495 |
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 | -4.394 % | £-10,854 | £236,145 |
| 3 Month Average | -17.451 % | £-43,102 | £203,897 |
| 6 Month Average | 10.091 % | £24,923 | £271,923 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £247,327 | £243,000 | 52 PERRY STREET |
| 3 Aug 2023 | £136,191 | £135,000 | 2 SEMPLE GARDENS |
| 4 Jul 2023 | £202,729 | £200,000 | 4 BLENHEIM AVENUE |
| 4 Apr 2023 | £121,306 | £120,000 | 19 PERRY STREET |
| 6 Mar 2023 | £247,330 | £245,000 | 118 PAGITT STREET |
This house has a floor area of 91 sq meters or 984 sq feet when measured on 7 Feb 2011. Using an estimated price of £297,496 means this house is valued at £3,251 per sq meter (£302 per sq foot).
The average size of a house on ORDNANCE STREET is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Mozart Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mozart Court |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Mozart Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mozart Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mozart Court |