£155,843
This estimated value is based upon the latest sale price for the house of £91,500 on 18 Sep 2006. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £91,500 | 18 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 September 2006 the House Price Index for MEDWAY was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £91,500 results in an estimated price of approximately £155,843.
| 18 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £91,500 | £64,343 | £155,843 |
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 | 63.721 % | £58,304 | £149,804 |
| 3 Month Average | 75.173 % | £68,783 | £160,283 |
| 6 Month Average | 81.928 % | £74,963 | £166,463 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £334,274 | £330,000 | 2 SANDHURST CLOSE |
| 16 Jun 2023 | £293,556 | £290,000 | 12 CRUNDALE ROAD |
| 25 Apr 2023 | £283,048 | £280,000 | 27 WALTHAM ROAD |
| 4 Apr 2023 | £242,612 | £240,000 | 1 BODIAM CLOSE |
| 20 Feb 2023 | £359,758 | £360,000 | 4 STURRY WAY |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 6 Sep 2011. Using an estimated price of £155,844 means this house is valued at £2,193 per sq meter (£203 per sq foot).
The average size of a house on WALTHAM ROAD is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bodiam Close |
| Feb 2024 | Anti-social behaviour | On or near Bodiam Close | |
| Feb 2024 | Anti-social behaviour | On or near Bodiam Close | |
| Mar 2024 | Anti-social behaviour | On or near Elham Close | |
| Mar 2024 | Anti-social behaviour | On or near Elham Close |