£308,394
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Dec 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £250,000 | 17 Dec 2018 |
| £175,000 | 27 Jul 2007 |
| Terraced |
| 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 December 2018 the House Price Index for MEDWAY was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £250,000 results in an estimated price of approximately £308,394.
| 17 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £250,000 | £58,394 | £308,394 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 6.549 % | £16,373 | £266,373 |
| 3 Month Average | 18.743 % | £46,857 | £296,857 |
| 6 Month Average | 14.657 % | £36,643 | £286,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £314,229 | £310,000 | 139 LONG CATLIS ROAD |
| 3 Jul 2023 | £293,956 | £290,000 | 147 LONG CATLIS ROAD |
| 17 Mar 2023 | £393,709 | £390,000 | 123 LONG CATLIS ROAD |
| 30 Jan 2023 | £268,734 | £270,000 | 23 CONRAD CLOSE |
| 27 Jan 2023 | £432,961 | £435,000 | 5 CHIPSTEAD ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 31 Dec 2014. Using an estimated price of £308,395 means this house is valued at £4,057 per sq meter (£376 per sq foot).
The average size of a house on CHIPSTEAD ROAD is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hardinge Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardinge Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardinge Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardinge Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardinge Close |