£447,608
This estimated value is based upon the latest sale price for the house of £390,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £390,000 | 18 Dec 2020 |
| £298,500 | 12 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2020 the House Price Index for MEDWAY was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £390,000 results in an estimated price of approximately £447,608.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £390,000 | £57,608 | £447,608 |
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 | -18.957 % | £-73,931 | £316,068 |
| 3 Month Average | -8.912 % | £-34,757 | £355,242 |
| 6 Month Average | 10.591 % | £41,306 | £431,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £376,575 | £371,000 | 73 DARGETS ROAD |
| 4 Aug 2023 | £496,342 | £492,000 | 85 DARGETS ROAD |
| 13 Feb 2023 | £221,851 | £222,000 | 6 COOPER ROAD |
| 4 Jul 2022 | £300,810 | £300,000 | 11 HILLBOROUGH GROVE |
| 22 Feb 2022 | £319,852 | £305,000 | 1 BLACKTHORN AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 7 Sep 2020. Using an estimated price of £447,608 means this house is valued at £4,918 per sq meter (£456 per sq foot).
The average size of a house on DARGETS ROAD is 112 sq meters (1,208 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Blackthorn Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Harman Court |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cooper Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Cooper Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cooper Road |