£227,448
This estimated value is based upon the latest sale price for the house of £225,000 on 21 Apr 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Leonard Road
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| Price Paid | Date |
|---|---|
| £225,000 | 21 Apr 2023 |
| £159,000 | 31 Mar 2017 |
| £135,000 | 27 Feb 2009 |
| £80,000 | 27 Jul 2006 |
| £26,000 | 25 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 April 2023 the House Price Index for MEDWAY was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £225,000 results in an estimated price of approximately £227,448.
| 21 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £225,000 | £2,448 | £227,448 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -27.716 % | £-62,361 | £162,638 |
| 3 Month Average | -25.056 % | £-56,375 | £168,624 |
| 6 Month Average | -9.740 % | £-21,914 | £203,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £253,238 | £250,000 | 2 COBDEN ROAD |
| 17 Jul 2023 | £233,645 | £230,500 | 24 COBDEN ROAD |
| 21 Apr 2023 | £227,449 | £225,000 | 5 LEONARD ROAD |
| 18 Apr 2023 | £131,415 | £130,000 | 186 LUTON ROAD |
| 13 Jan 2023 | £238,875 | £240,000 | 184 LUTON ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 23 Aug 2016. Using an estimated price of £227,449 means this house is valued at £3,499 per sq meter (£325 per sq foot).
The average size of a house on LEONARD ROAD is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leonard Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Leonard Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leonard Road |
| Jan 2024 | Drugs | Formal action is not in the public interest | On or near Leonard Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Leonard Road |