£201,920
This estimated value is based upon the latest sale price for the house of £160,000 on 26 Oct 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £160,000 | 26 Oct 2017 |
| £69,000 | 26 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 452 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 2017 the House Price Index for MEDWAY was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £160,000 results in an estimated price of approximately £201,920.
| 26 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £160,000 | £41,920 | £201,920 |
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 | -15.002 % | £-24,003 | £135,996 |
| 3 Month Average | -0.482 % | £-771 | £159,228 |
| 6 Month Average | 24.065 % | £38,503 | £198,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £274,808 | £270,000 | 43 STREET END ROAD |
| 18 Aug 2023 | £216,897 | £215,000 | 16 ROWAN LEA |
| 28 Apr 2023 | £272,939 | £270,000 | 46 ROWAN LEA |
| 10 Mar 2023 | £205,940 | £204,000 | 15 ROWAN LEA |
| 10 Jan 2023 | £309,542 | £311,000 | 23 BANKSIDE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 11 Aug 2017. Using an estimated price of £201,920 means this house is valued at £4,807 per sq meter (£446 per sq foot).
The average size of a house on ROWAN LEA is 51 sq meters (550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Teeshot Mews | |
| Feb 2024 | Anti-social behaviour | On or near Teeshot Mews | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Teeshot Mews |
| Feb 2024 | Anti-social behaviour | On or near Teeshot Mews | |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Golve Drive |