£347,311
This estimated value is based upon the latest sale price for the house of £200,000 on 26 Jun 2006. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £200,000 | 26 Jun 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 734 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 June 2006 the House Price Index for MEDWAY was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £200,000 results in an estimated price of approximately £347,311.
| 26 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £200,000 | £147,311 | £347,311 |
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 | 44.787 % | £89,574 | £289,574 |
| 3 Month Average | 38.424 % | £76,848 | £276,848 |
| 6 Month Average | 71.099 % | £142,197 | £342,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2023 | £127,198 | £126,000 | 11 MILITARY ROAD |
| 27 Jan 2023 | £201,053 | £202,000 | FLAT 66 THE EYE BARRIER ROAD |
| 15 Jul 2022 | £451,215 | £450,000 | THE RAGGED SCHOOL KING STREET |
| 24 Jun 2022 | £228,225 | £225,000 | FLAT 4 CAVALIER HOUSE, 157A HIGH STREET |
| 29 Mar 2022 | £124,351 | £120,000 | 11A MILITARY ROAD |
This house has a floor area of 68 sq meters or 734 sq feet when measured on 15 Feb 2011. Using an estimated price of £347,312 means this house is valued at £5,088 per sq meter (£472 per sq foot).
The average size of a house on BARRIER ROAD is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Possession of weapons | Under investigation | On or near Parking Area |
| Feb 2024 | Possession of weapons | Under investigation | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Parking Area |