£218,016
This estimated value is based upon the latest sale price for the house of £118,000 on 16 Jan 2009. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£118,000 | 16 Jan 2009 |
Semi-Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 January 2009 the House Price Index for MEDWAY was 81.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.760%.Applying this 84.760% change to the original purchase price of £118,000 results in an estimated price of approximately £218,016.
16 Jan 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.0 | 149.7 | 84.760 % | £118,000 | £100,016 | £218,016 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | 128.603 % | £151,752 | £269,752 |
3 Month Average | 103.730 % | £122,401 | £240,401 |
6 Month Average | 99.650 % | £117,587 | £235,587 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Oct 2023 | £248,136 | £242,500 | 29 CHELMSFORD ROAD |
1 Jun 2023 | £459,202 | £450,000 | 106 SEAGULL ROAD |
28 Mar 2023 | £238,991 | £235,000 | 48 FULMAR ROAD |
10 Feb 2023 | £276,849 | £275,000 | 99 SEAGULL ROAD |
25 Mar 2022 | £249,500 | £239,000 | 55 SEAGULL ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 12 Jan 2015. Using an estimated price of £218,016 means this house is valued at £2,158 per sq meter (£200 per sq foot).
The average size of a house on FULMAR ROAD is 73 sq meters (792 sq feet).
This house is the largest in the street with a floor area of 101 sq meters (1,087 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bristol Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Bristol Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bristol Close |
Jul 2024 | Other crime | Under investigation | On or near Chelmsford Road |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Chelmsford Road |