£332,154
This estimated value is based upon the latest sale price for the house of £286,500 on 26 Nov 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£286,500 | 26 Nov 2020 |
£145,000 | 18 May 2005 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 November 2020 the House Price Index for MEDWAY was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £286,500 results in an estimated price of approximately £332,154.
26 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £286,500 | £45,654 | £332,154 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 0.749 % | £2,145 | £288,645 |
3 Month Average | 6.933 % | £19,864 | £306,364 |
6 Month Average | 7.890 % | £22,603 | £309,103 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £283,626 | £280,000 | 31 ELMFIELD |
31 Jul 2023 | £406,471 | £401,000 | 128 FEATHERBY ROAD |
4 Jul 2023 | £290,915 | £287,000 | 174 FEATHERBY ROAD |
16 Mar 2022 | £330,568 | £319,000 | 135 FEATHERBY ROAD |
14 Jan 2022 | £336,771 | £320,000 | 185 FEATHERBY ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 8 Jun 2020. Using an estimated price of £332,155 means this house is valued at £3,650 per sq meter (£339 per sq foot).
The average size of a house on CHILHAM ROAD is 87 sq meters (941 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Featherby Road | |
Dec 2023 | Anti-social behaviour | On or near Featherby Road | |
Dec 2023 | Anti-social behaviour | On or near Featherby Road | |
Dec 2023 | Anti-social behaviour | On or near Featherby Road | |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Elmfield |