£247,139
This estimated value is based upon the latest sale price for the house of £125,000 on 15 Jun 2004. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £125,000 | 15 Jun 2004 |
| £72,000 | 23 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 822 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 2004 the House Price Index for MEDWAY was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £125,000 results in an estimated price of approximately £247,139.
| 15 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £125,000 | £122,139 | £247,139 |
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 | 198.914 % | £248,642 | £373,642 |
| 3 Month Average | 102.365 % | £127,956 | £252,956 |
| 6 Month Average | 102.927 % | £128,658 | £253,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £284,208 | £280,000 | 1 DENTON GREEN |
| 11 Sep 2023 | £273,497 | £270,000 | 56 BEECHINGS WAY |
| 24 Aug 2023 | £275,409 | £273,000 | 103 BEECHINGS WAY |
| 21 Jul 2023 | £253,411 | £250,000 | 50 BEECHINGS WAY |
| 11 Jul 2023 | £281,286 | £277,500 | 37 LITTLEBOURNE AVENUE |
This house has a floor area of 76 sq meters or 822 sq feet when measured on 25 Nov 2009. Using an estimated price of £247,140 means this house is valued at £3,236 per sq meter (£300 per sq foot).
There is one other house on the street which we know the size of, this is 1 HEADCORN ROAD it is 75.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Headcorn Road |
| Mar 2024 | Other theft | Under investigation | On or near Headcorn Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |