£234,801
This estimated value is based upon the latest sale price for the house of £156,000 on 12 Sep 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £156,000 | 12 Sep 2014 |
| £47,000 | 28 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 955 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 2014 the House Price Index for MEDWAY was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £156,000 results in an estimated price of approximately £234,801.
| 12 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £156,000 | £78,801 | £234,801 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 81.923 % | £127,799 | £283,799 |
| 3 Month Average | 48.805 % | £76,135 | £232,135 |
| 6 Month Average | 59.868 % | £93,393 | £249,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £293,156 | £290,000 | 44 CECIL ROAD |
| 20 Jan 2023 | £323,476 | £325,000 | 65 CLIVE ROAD |
| 28 Oct 2022 | £257,230 | £260,000 | 60 CECIL ROAD |
| 21 Oct 2022 | £281,964 | £285,000 | 51 CECIL ROAD |
| 2 Aug 2022 | £329,114 | £330,000 | 28 RICHARD STREET |
This house has a floor area of 88 sq meters or 955 sq feet when measured on 15 Mar 2011. Using an estimated price of £234,802 means this house is valued at £2,646 per sq meter (£245 per sq foot).
The average size of a house on CECIL ROAD is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cecil Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clive Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clive Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clive Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clive Road |