£260,243
This estimated value is based upon the latest sale price for the house of £210,000 on 30 Jul 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £210,000 | 30 Jul 2018 |
| £110,000 | 18 Aug 2003 |
| £60,000 | 28 Jul 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 July 2018 the House Price Index for MEDWAY was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £210,000 results in an estimated price of approximately £260,243.
| 30 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £210,000 | £50,243 | £260,243 |
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 | -28.085 % | £-58,978 | £151,021 |
| 3 Month Average | -2.543 % | £-5,339 | £204,660 |
| 6 Month Average | 16.297 % | £34,223 | £244,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £314,658 | £310,000 | 53 HURSTWOOD |
| 23 Jun 2023 | £318,862 | £315,000 | 55 HURSTWOOD |
| 19 Aug 2022 | £319,390 | £320,250 | 91 KING GEORGE ROAD |
| 27 Jul 2022 | £381,026 | £380,000 | 1A BRAKE AVENUE |
| 22 Jul 2022 | £275,742 | £275,000 | 30 FOXGLOVE CRESCENT |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 30 Mar 2018. Using an estimated price of £260,244 means this house is valued at £3,614 per sq meter (£335 per sq foot).
The average size of a house on KING GEORGE ROAD is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near King George Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King George Road |
| Jan 2024 | Anti-social behaviour | On or near King George Road | |
| Jan 2024 | Anti-social behaviour | On or near King George Road | |
| Jan 2024 | Anti-social behaviour | On or near King George Road |