£207,640
This estimated value is based upon the latest sale price for the house of £125,000 on 26 Jul 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £125,000 | 26 Jul 2013 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2013 the House Price Index for MEDWAY was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £125,000 results in an estimated price of approximately £207,640.
| 26 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £125,000 | £82,640 | £207,640 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | 27.582 % | £34,477 | £159,477 |
| 3 Month Average | 58.708 % | £73,384 | £198,384 |
| 6 Month Average | 68.251 % | £85,313 | £210,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2022 | £498,658 | £500,000 | 20 ST NICHOLAS GARDENS |
| 29 Jul 2022 | £340,918 | £340,000 | 31 SWAIN CLOSE |
| 15 Jul 2022 | £325,877 | £325,000 | 18 WATLING STREET |
| 17 Jun 2022 | £268,799 | £265,000 | 33 GRAVESEND ROAD |
| 23 May 2022 | £343,472 | £337,000 | 1 SWAIN CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 22 Mar 2013. Using an estimated price of £207,640 means this house is valued at £2,442 per sq meter (£226 per sq foot).
The average size of a house on GRAVESEND ROAD is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Nicholas Gardens |
| Jan 2024 | Anti-social behaviour | On or near St Nicholas Gardens | |
| Jan 2024 | Anti-social behaviour | On or near St Nicholas Gardens | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Nicholas Gardens |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Nicholas Gardens |