£244,570
This estimated value is based upon the latest sale price for the house of £117,000 on 26 Mar 2004. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £117,000 | 26 Mar 2004 |
| £54,000 | 21 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2004 the House Price Index for MEDWAY was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £117,000 results in an estimated price of approximately £244,570.
| 26 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £117,000 | £127,570 | £244,570 |
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 | 54.977 % | £64,322 | £181,322 |
| 3 Month Average | 56.362 % | £65,943 | £182,943 |
| 6 Month Average | 99.467 % | £116,376 | £233,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jan 2023 | £248,828 | £250,000 | 41 NEWNHAM STREET |
| 27 Oct 2022 | £262,177 | £265,000 | 31 HENRY STREET |
| 29 Jul 2022 | £120,324 | £120,000 | 102B LUTON ROAD |
| 31 May 2022 | £13,250 | £13,000 | GARAGE 68 HENRY STREET |
| 30 May 2022 | £153,900 | £151,000 | 98 LUTON ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 26 Jul 2013. Using an estimated price of £244,571 means this house is valued at £2,811 per sq meter (£261 per sq foot).
The average size of a house on HENRY STREET is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Russell Court |
| Feb 2024 | Anti-social behaviour | On or near Russell Court | |
| Feb 2024 | Anti-social behaviour | On or near Russell Court | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Russell Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Russell Court |