£194,265
This estimated value is based upon the latest sale price for the house of £139,500 on 24 Nov 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £139,500 | 24 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 £139,500 results in an estimated price of approximately £194,265.
| 24 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £139,500 | £54,765 | £194,265 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 31.503 % | £43,946 | £183,446 |
| 3 Month Average | 35.359 % | £49,325 | £188,825 |
| 6 Month Average | 40.251 % | £56,150 | £195,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £303,586 | £299,500 | 76 ST JOHNS ROAD |
| 24 Mar 2023 | £297,806 | £295,000 | 74 MILTON ROAD |
| 3 Mar 2023 | £252,378 | £250,000 | 64 MILTON ROAD |
| 15 Jul 2022 | £205,553 | £205,000 | 124 MILTON ROAD |
| 13 Jun 2022 | £226,197 | £223,000 | 174 MILTON ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 12 Apr 2018. Using an estimated price of £194,266 means this house is valued at £2,590 per sq meter (£240 per sq foot).
The average size of a house on MILTON ROAD is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Chaucer Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Road |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Chaucer Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Chaucer Road |