£255,020
This estimated value is based upon the latest sale price for the house of £136,995 on 13 Dec 2004. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £136,995 | 13 Dec 2004 |
| £90,500 | 18 Feb 2002 |
| £53,000 | 20 Mar 1998 |
| £50,000 | 26 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 918 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 December 2004 the House Price Index for MEDWAY was 78.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 86.153%.Applying this 86.153% change to the original purchase price of £136,995 results in an estimated price of approximately £255,020.
| 13 Dec 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 146.7 | 86.153 % | £136,995 | £118,025 | £255,020 |
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 | 62.670 % | £85,854 | £222,849 |
| 3 Month Average | 92.846 % | £127,194 | £264,189 |
| 6 Month Average | 94.871 % | £129,968 | £266,963 |
This house has a floor area of 85 sq meters or 918 sq feet when measured on 29 Mar 2010.
The average size of a house on NARES ROAD is 79 sq meters (859 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nares Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Nares Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nares Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Nares Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Crispe Close |