£223,068
This estimated value is based upon the latest sale price for the house of £149,000 on 10 Oct 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£149,000 | 10 Oct 2014 |
£128,500 | 10 Nov 2004 |
£55,000 | 1 Mar 1999 |
£44,000 | 17 Nov 1995 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 October 2014 the House Price Index for MEDWAY was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £149,000 results in an estimated price of approximately £223,068.
10 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £149,000 | £74,068 | £223,068 |
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 | 19.646 % | £29,273 | £178,273 |
3 Month Average | 30.628 % | £45,635 | £194,635 |
6 Month Average | 66.132 % | £98,537 | £247,537 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £289,704 | £286,000 | 70 CRESTWAY |
18 Aug 2023 | £216,897 | £215,000 | 16 ROWAN LEA |
20 Jun 2023 | £270,274 | £267,000 | 57 CRESTWAY |
28 Apr 2023 | £272,939 | £270,000 | 46 ROWAN LEA |
10 Mar 2023 | £205,940 | £204,000 | 15 ROWAN LEA |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 7 Jul 2014. Using an estimated price of £223,069 means this house is valued at £4,208 per sq meter (£391 per sq foot).
The average size of a house on ROWAN LEA is 51 sq meters (550 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Unable to prosecute suspect | On or near Street End Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Street End Road |
Mar 2024 | Anti-social behaviour | On or near Crestway | |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crestway |
Mar 2024 | Anti-social behaviour | On or near Crestway |