£163,885
This estimated value is based upon the latest sale price for the house of £62,150 on 2 Oct 2002. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £62,150 | 2 Oct 2002 |
| £45,000 | 12 Feb 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 October 2002 the House Price Index for MEDWAY was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £62,150 results in an estimated price of approximately £163,885.
| 2 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.6 | 163.693 % | £62,150 | £101,735 | £163,885 |
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 | 99.010 % | £61,534 | £123,684 |
| 3 Month Average | 80.558 % | £50,066 | £112,216 |
| 6 Month Average | 142.499 % | £88,563 | £150,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £172,000 | £172,000 | 21 INSTITUTE ROAD |
| 3 Apr 2023 | £79,354 | £78,500 | FLAT 10 PEMBROKE COURT, 397 HIGH STREET |
| 28 Mar 2023 | £80,761 | £80,000 | FLAT 29 PEMBROKE COURT, 397 HIGH STREET |
| 15 Mar 2023 | £75,713 | £75,000 | FLAT 12 PEMBROKE COURT, 397 HIGH STREET |
| 20 Feb 2023 | £68,954 | £69,000 | FLAT 84 PEMBROKE COURT, 397 HIGH STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 25 Feb 2014. Using an estimated price of £163,885 means this house is valued at £3,213 per sq meter (£298 per sq foot).
The average size of a house on HIGH STREET is 57 sq meters (615 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Institute Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Institute Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Institute Road |
| Mar 2024 | Anti-social behaviour | On or near Institute Road | |
| Mar 2024 | Other theft | Under investigation | On or near Institute Road |