£452,355
This estimated value is based upon the latest sale price for the house of £110,500 on 1 Oct 1999. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £110,500 | 1 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 905 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 October 1999 the House Price Index for MEDWAY was 35.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 309.372%.Applying this 309.372% change to the original purchase price of £110,500 results in an estimated price of approximately £452,355.
| 1 Oct 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 146.7 | 309.372 % | £110,500 | £341,855 | £452,355 |
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 | 350.723 % | £387,549 | £498,049 |
| 3 Month Average | 286.767 % | £316,877 | £427,377 |
| 6 Month Average | 303.760 % | £335,654 | £446,154 |
This house has a floor area of 84 sq meters or 905 sq feet when measured on 15 Jun 2009.
The average size of a house on GORDON TERRACE is 114 sq meters (1,235 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridley Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Langdon Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdon Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Margaret'S Street |