£184,942
This estimated value is based upon the latest sale price for the house of £147,500 on 18 Aug 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £147,500 | 18 Aug 2017 |
| £102,000 | 28 Mar 2007 |
| £100,000 | 1 Nov 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 August 2017 the House Price Index for MEDWAY was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £147,500 results in an estimated price of approximately £184,942.
| 18 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £147,500 | £37,442 | £184,942 |
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 | 7.813 % | £11,523 | £159,023 |
| 3 Month Average | 11.710 % | £17,271 | £164,771 |
| 6 Month Average | 18.552 % | £27,364 | £174,864 |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 21 Dec 2016.
The average size of a house on GEORGE LANE is 85 sq meters (917 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near George Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near George Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Lane |
| Feb 2024 | Drugs | Under investigation | On or near George Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near George Lane |