£210,032
This estimated value is based upon the latest sale price for the house of £170,000 on 21 Jun 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £170,000 | 21 Jun 2019 |
| £99,950 | 28 Aug 2009 |
| £49,000 | 18 Apr 2001 |
| £34,500 | 2 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 June 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £170,000 results in an estimated price of approximately £210,032.
| 21 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £170,000 | £40,032 | £210,032 |
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 | 21.646 % | £36,797 | £206,797 |
| 3 Month Average | -8.365 % | £-14,221 | £155,778 |
| 6 Month Average | 9.605 % | £16,327 | £186,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £166,000 | £166,000 | 28A EAST STREET |
| 15 Dec 2023 | £361,322 | £355,000 | 12 STEVEN CLOSE |
| 31 Aug 2023 | £250,189 | £248,000 | 7 HOPE STREET |
| 30 Aug 2023 | £363,177 | £360,000 | 7 STEVEN CLOSE |
| 24 Feb 2023 | £249,832 | £250,000 | 14 MILLS TERRACE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 17 Jan 2019. Using an estimated price of £210,033 means this house is valued at £3,182 per sq meter (£295 per sq foot).
The average size of a house on EAST STREET is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near East Street |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near East Street |
| Mar 2024 | Drugs | Under investigation | On or near East Street |
| Feb 2024 | Criminal damage and arson | Offender given a caution | On or near East Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Street |