£381,612
This estimated value is based upon the latest sale price for the house of £224,995 on 29 Jun 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£224,995 | 29 Jun 2012 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 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 June 2012 the House Price Index for MEDWAY was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £224,995 results in an estimated price of approximately £381,612.
29 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.609 % | £224,995 | £156,617 | £381,612 |
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 | 29.259 % | £65,830 | £290,825 |
3 Month Average | 54.784 % | £123,261 | £348,256 |
6 Month Average | 91.645 % | £206,195 | £431,190 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £255,264 | £252,000 | 146 BEACON ROAD |
14 Jun 2023 | £258,127 | £255,000 | 214 BEACON ROAD |
2 Feb 2023 | £184,876 | £185,000 | 11 WARD VIEW |
27 Jan 2023 | £383,195 | £385,000 | 52 WARD VIEW |
1 Nov 2022 | £217,367 | £220,000 | 291 BEACON ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 25 Jun 2012. Using an estimated price of £381,612 means this house is valued at £3,407 per sq meter (£316 per sq foot).
The average size of a house on WARD VIEW is 73 sq meters (793 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Public order | Awaiting court outcome | On or near Ash Tree Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Village View |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Village View |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Village View |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Village View |