£724,700
This estimated value is based upon the latest sale price for the house of £700,000 on 28 Feb 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £700,000 | 28 Feb 2022 |
| £500,000 | 16 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 197 sq meters or 2,120 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 February 2022 the House Price Index for MEDWAY was 141.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.529%.Applying this 3.529% change to the original purchase price of £700,000 results in an estimated price of approximately £724,700.
| 28 Feb 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 146.7 | 3.529 % | £700,000 | £24,700 | £724,700 |
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 | -15.579 % | £-109,050 | £590,949 |
| 3 Month Average | -4.714 % | £-32,997 | £667,002 |
| 6 Month Average | 0.258 % | £1,805 | £701,805 |
This house has a floor area of 197 sq meters or 2,120 sq feet when measured on 2 Jan 2016.
The average size of a house on MARSHALL ROAD is 154 sq meters (1,658 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Caldew Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caldew Avenue |
| Feb 2024 | Anti-social behaviour | On or near Elizabeth Court | |
| Feb 2024 | Anti-social behaviour | On or near Elizabeth Court | |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Elizabeth Court |