£210,153
This estimated value is based upon the latest sale price for the house of £146,000 on 21 Jul 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £146,000 | 21 Jul 2015 |
| £45,000 | 24 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2015 the House Price Index for MEDWAY was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £146,000 results in an estimated price of approximately £210,153.
| 21 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £146,000 | £64,153 | £210,153 |
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 | 64.958 % | £94,838 | £240,838 |
| 3 Month Average | 15.177 % | £22,157 | £168,157 |
| 6 Month Average | 42.379 % | £61,872 | £207,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £233,456 | £230,000 | 35 ORDNANCE STREET |
| 29 Jun 2023 | £339,108 | £335,000 | 48 ROCHESTER STREET |
| 7 Jun 2023 | £391,745 | £387,000 | 17 ORDNANCE TERRACE |
| 28 Feb 2023 | £259,825 | £260,000 | 15 NEW STREET |
| 1 Sep 2022 | £190,462 | £192,000 | 14 CHILHAM CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 26 Apr 2019. Using an estimated price of £210,153 means this house is valued at £2,878 per sq meter (£267 per sq foot).
The average size of a house on ROCHESTER STREET is 96 sq meters (1,042 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Saunders Street |
| Feb 2024 | Drugs | Under investigation | On or near Saunders Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Saunders Street |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Saunders Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hill'S Terrace |