£242,536
This estimated value is based upon the latest sale price for the house of £127,000 on 17 Sep 2004. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £127,000 | 17 Sep 2004 |
| £82,995 | 30 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 September 2004 the House Price Index for MEDWAY was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £127,000 results in an estimated price of approximately £242,536.
| 17 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £127,000 | £115,536 | £242,536 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 41.511 % | £52,719 | £179,719 |
| 3 Month Average | 29.846 % | £37,904 | £164,904 |
| 6 Month Average | 72.619 % | £92,226 | £219,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £132,315 | £130,000 | FLAT 8 TUDOR HOUSE, 315 - 323 HIGH STREET |
| 14 Nov 2023 | £355,260 | £350,000 | 8 KING STREET |
| 6 Sep 2023 | £1,266,190 | £1,250,000 | 263 - 269 HIGH STREET |
| 3 Apr 2023 | £252,721 | £250,000 | 3 CHURCH STREET |
| 31 Mar 2023 | £832,846 | £825,000 | 3 SOLOMONS ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 22 Sep 2015. Using an estimated price of £242,537 means this house is valued at £3,191 per sq meter (£296 per sq foot).
The average size of a house on LINES TERRACE is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Lines Terrace |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lines Terrace |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Queen Street |
| Mar 2024 | Anti-social behaviour | On or near King Street | |
| Dec 2023 | Anti-social behaviour | On or near King Street |