£345,344
This estimated value is based upon the latest sale price for the house of £280,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £280,000 | 12 Jul 2019 |
| £142,500 | 31 Jul 2009 |
| £91,000 | 5 Apr 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 July 2019 the House Price Index for MEDWAY was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £280,000 results in an estimated price of approximately £345,344.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £280,000 | £65,344 | £345,344 |
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 | -9.349 % | £-26,176 | £253,823 |
| 3 Month Average | -2.741 % | £-7,674 | £272,325 |
| 6 Month Average | 22.719 % | £63,612 | £343,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £274,808 | £270,000 | 43 STREET END ROAD |
| 1 Dec 2023 | £310,432 | £305,000 | 10 THE LINKS |
| 25 Aug 2023 | £348,045 | £345,000 | 8 HAZEL GROVE |
| 27 Jan 2023 | £268,734 | £270,000 | 14 BANKSIDE |
| 24 Jan 2023 | £278,687 | £280,000 | 71 STREET END ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 2 Apr 2019. Using an estimated price of £345,345 means this house is valued at £3,713 per sq meter (£344 per sq foot).
The average size of a house on BANKSIDE is 77 sq meters (838 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Greenbank |
| Mar 2024 | Public order | Under investigation | On or near Greenbank |
| Jan 2024 | Robbery | Unable to prosecute suspect | On or near Greenbank |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Greenbank |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenbank |