£213,536
This estimated value is based upon the latest sale price for the house of £153,338 on 11 Nov 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £153,338 | 11 Nov 2015 |
| £124,000 | 4 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 November 2015 the House Price Index for MEDWAY was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £153,338 results in an estimated price of approximately £213,536.
| 11 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £153,338 | £60,198 | £213,536 |
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 | 25.896 % | £39,708 | £193,046 |
| 3 Month Average | 13.686 % | £20,985 | £174,323 |
| 6 Month Average | 44.749 % | £68,617 | £221,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £192,855 | £190,000 | 40 JENKINS DALE |
| 17 Nov 2023 | £187,780 | £185,000 | 30 PORT RISE |
| 18 Aug 2023 | £206,809 | £205,000 | 18 PORT RISE |
| 19 Jul 2023 | £258,479 | £255,000 | 7 MOUNT ROAD |
| 6 Mar 2023 | £234,207 | £232,000 | 22 MOUNT ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 7 Jul 2015. Using an estimated price of £213,536 means this house is valued at £2,773 per sq meter (£257 per sq foot).
The average size of a house on MOUNT ROAD is 82 sq meters (888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mount Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mount Road |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Mount Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Road |