£274,562
This estimated value is based upon the latest sale price for the house of £175,000 on 3 Aug 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £175,000 | 3 Aug 2007 |
| £143,000 | 11 Aug 2006 |
| £126,000 | 3 Feb 2003 |
| £59,750 | 21 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2007 the House Price Index for MEDWAY was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £175,000 results in an estimated price of approximately £274,562.
| 3 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £175,000 | £99,562 | £274,562 |
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 | 29.956 % | £52,422 | £227,422 |
| 3 Month Average | 24.986 % | £43,725 | £218,725 |
| 6 Month Average | 57.406 % | £100,461 | £275,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Sep 2022 | £367,036 | £370,000 | 59 THE CHASE |
| 18 May 2022 | £163,073 | £160,000 | 34 THE CHASE |
| 28 Apr 2022 | £305,850 | £297,000 | 39 CENTRAL PARK GARDENS |
| 25 Mar 2022 | £310,879 | £300,000 | 45 THE CHASE |
| 12 Jan 2022 | £326,246 | £310,000 | 4 THE CHASE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 10 May 2018. Using an estimated price of £274,563 means this house is valued at £3,565 per sq meter (£331 per sq foot).
The average size of a house on THE CHASE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Central Park Gardens |
| Mar 2024 | Other theft | Under investigation | On or near Central Park Gardens |
| Mar 2024 | Other theft | Under investigation | On or near Central Park Gardens |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Central Park Gardens |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Central Park Gardens |