£673,759
This estimated value is based upon the latest sale price for the house of £450,000 on 24 Nov 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £450,000 | 24 Nov 2014 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 November 2014 the House Price Index for MEDWAY was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £450,000 results in an estimated price of approximately £673,759.
| 24 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £450,000 | £223,759 | £673,759 |
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 | 51.387 % | £231,239 | £681,239 |
| 3 Month Average | 56.577 % | £254,594 | £704,594 |
| 6 Month Average | 56.884 % | £255,977 | £705,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £953,988 | £945,000 | 6 CAMBRIDGE ROAD |
| 14 Oct 2021 | £453,656 | £410,000 | 14 ASQUITH ROAD |
| 19 Aug 2021 | £426,723 | £382,500 | 33 SPRINGVALE |
| 17 Aug 2021 | £608,011 | £545,000 | 269 EDWIN ROAD |
| 31 Jul 2019 | £857,195 | £695,000 | 1 ASQUITH ROAD |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 20 Aug 2014.
The average size of a house on CAMBRIDGE ROAD is 102 sq meters (1,106 sq feet).
This house is the largest in the street with a floor area of 147 sq meters (1,582 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cambridge Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Asquith Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Asquith Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Asquith Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Springvale |