£1,036,552
This estimated value is based upon the latest sale price for the house of £850,000 on 5 Feb 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £850,000 | 5 Feb 2019 |
| £460,000 | 26 Sep 2003 |
| Detached |
| Freehold |
| Floor Area: 220 sq meters or 2,368 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 February 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.947%.Applying this 21.947% change to the original purchase price of £850,000 results in an estimated price of approximately £1,036,552.
| 5 Feb 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.947 % | £850,000 | £186,552 | £1,036,552 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 19.210 % | £163,289 | £1,013,289 |
| 3 Month Average | 14.117 % | £119,992 | £969,992 |
| 6 Month Average | 18.045 % | £153,378 | £1,003,378 |
This house has a floor area of 220 sq meters or 2,368 sq feet when measured on 11 Aug 2017.
The average size of a house on PRIESTFIELDS is 184 sq meters (1,990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Priestfields |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Priestfields |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |