£258,900
This estimated value is based upon the latest sale price for the house of £200,000 on 2 Dec 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £200,000 | 2 Dec 2016 |
| £118,000 | 1 Feb 2013 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2016 the House Price Index for MEDWAY was 113.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.450%.Applying this 29.450% change to the original purchase price of £200,000 results in an estimated price of approximately £258,900.
| 2 Dec 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 146.7 | 29.450 % | £200,000 | £58,900 | £258,900 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | -13.669 % | £-27,337 | £172,662 |
| 3 Month Average | 4.688 % | £9,376 | £209,376 |
| 6 Month Average | 30.831 % | £61,662 | £261,662 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 10 Feb 2017.
The average size of a house on RENOWN ROAD is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Renown Road |
| Feb 2024 | Burglary | Under investigation | On or near Cygnet Road |
| Jan 2024 | Anti-social behaviour | On or near Cygnet Road | |
| Jan 2024 | Anti-social behaviour | On or near Cygnet Road | |
| Jan 2024 | Anti-social behaviour | On or near Cygnet Road |