£228,454
This estimated value is based upon the latest sale price for the house of £135,000 on 30 Nov 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £135,000 | 30 Nov 2012 |
| £133,000 | 13 Apr 2007 |
| £69,995 | 30 Apr 2002 |
| £35,000 | 18 Apr 1997 |
| £33,800 | 11 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2012 the House Price Index for MEDWAY was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £135,000 results in an estimated price of approximately £228,454.
| 30 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £135,000 | £93,454 | £228,454 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 42.976 % | £58,017 | £193,017 |
| 3 Month Average | 67.370 % | £90,949 | £225,949 |
| 6 Month Average | 69.136 % | £93,333 | £228,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £262,295 | £260,000 | 89 CECIL ROAD |
| 7 Jul 2023 | £241,247 | £238,000 | 122 CECIL ROAD |
| 2 Aug 2022 | £329,114 | £330,000 | 28 RICHARD STREET |
| 10 Jun 2022 | £275,899 | £272,000 | 99 CECIL ROAD |
| 31 May 2022 | £259,897 | £255,000 | 29 HOLCOMBE ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 Aug 2012. Using an estimated price of £228,455 means this house is valued at £3,005 per sq meter (£279 per sq foot).
The average size of a house on CECIL ROAD is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cecil Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near May Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Richard Street |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Richard Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Cavendish Road |