£196,116
This estimated value is based upon the latest sale price for the house of £125,000 on 20 Aug 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £125,000 | 20 Aug 2007 |
| £94,995 | 4 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 £125,000 results in an estimated price of approximately £196,116.
| 20 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £125,000 | £71,116 | £196,116 |
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 % | £37,444 | £162,444 |
| 3 Month Average | 24.986 % | £31,232 | £156,232 |
| 6 Month Average | 57.406 % | £71,758 | £196,758 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £253,238 | £250,000 | 2 COBDEN ROAD |
| 17 Jul 2023 | £233,645 | £230,500 | 24 COBDEN ROAD |
| 28 Feb 2023 | £231,344 | £231,500 | 19 CASTLE ROAD |
| 10 Nov 2022 | £207,487 | £210,000 | UPPER FLAT 27 CASTLE ROAD |
| 5 Aug 2022 | £219,409 | £220,000 | 6 COBDEN ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 28 Jul 2014. Using an estimated price of £196,116 means this house is valued at £3,112 per sq meter (£289 per sq foot).
The average size of a house on CASTLE ROAD is 69 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bright Road |
| Mar 2024 | Anti-social behaviour | On or near Bright Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bright Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bright Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bright Road |