£457,475
This estimated value is based upon the latest sale price for the house of £362,500 on 13 Oct 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£362,500 | 13 Oct 2017 |
£155,000 | 11 Jul 2003 |
Semi-Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 October 2017 the House Price Index for MEDWAY was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £362,500 results in an estimated price of approximately £457,475.
13 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £362,500 | £94,975 | £457,475 |
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 | -15.002 % | £-54,382 | £308,117 |
3 Month Average | -0.482 % | £-1,748 | £360,751 |
6 Month Average | 24.065 % | £87,235 | £449,735 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £310,000 | £310,000 | 7 DARGETS ROAD |
4 Aug 2023 | £327,868 | £325,000 | 27 BRENDON AVENUE |
17 Jul 2023 | £362,884 | £358,000 | 21 BRENDON AVENUE |
21 Jun 2023 | £351,255 | £347,000 | 12 BIRCHFIELDS |
16 Jun 2023 | £268,249 | £265,000 | 3 BRENDON AVENUE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 20 Jul 2012. Using an estimated price of £457,475 means this house is valued at £3,749 per sq meter (£348 per sq foot).
The average size of a house on DARGETS ROAD is 112 sq meters (1,208 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Blackthorn Avenue |
Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Thistlebank |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birchfields |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Silver Birches |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silver Birches |