£238,185
This estimated value is based upon the latest sale price for the house of £143,000 on 3 Jun 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £143,000 | 3 Jun 2013 |
| £93,000 | 6 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2013 the House Price Index for MEDWAY was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £143,000 results in an estimated price of approximately £238,185.
| 3 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £143,000 | £95,185 | £238,185 |
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 | 39.146 % | £55,978 | £198,978 |
| 3 Month Average | 66.693 % | £95,370 | £238,370 |
| 6 Month Average | 70.196 % | £100,379 | £243,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £241,247 | £238,000 | 122 CECIL ROAD |
| 23 Feb 2023 | £216,854 | £217,000 | 8 CATHERINE STREET |
| 25 Jan 2023 | £240,865 | £242,000 | 29 ROSE STREET |
| 20 Jan 2023 | £268,734 | £270,000 | 143 CECIL ROAD |
| 17 Jan 2023 | £325,467 | £327,000 | 165 CECIL ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 6 Apr 2013. Using an estimated price of £238,186 means this house is valued at £2,869 per sq meter (£266 per sq foot).
The average size of a house on CECIL ROAD is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Miles Place |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near St Williams Way |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near St Williams Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Williams Way |
| Mar 2024 | Anti-social behaviour | On or near Rose Street |