£371,515
This estimated value is based upon the latest sale price for the house of £230,000 on 31 Oct 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £230,000 | 31 Oct 2013 |
| £215,000 | 5 Jan 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2013 the House Price Index for MEDWAY was 90.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 61.528%.Applying this 61.528% change to the original purchase price of £230,000 results in an estimated price of approximately £371,515.
| 31 Oct 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 146.7 | 61.528 % | £230,000 | £141,515 | £371,515 |
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 | 49.420 % | £113,666 | £343,666 |
| 3 Month Average | 63.740 % | £146,603 | £376,603 |
| 6 Month Average | 65.510 % | £150,671 | £380,671 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 17 Sep 2021.
The average size of a house on GEORGIAN WAY is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rutland Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melody Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thanet Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thanet Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Thanet Road |