£273,324
This estimated value is based upon the latest sale price for the house of £111,545 on 28 Feb 2003. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £111,545 | 28 Feb 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 February 2003 the House Price Index for MEDWAY was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £111,545 results in an estimated price of approximately £273,324.
| 28 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.6 | 145.035 % | £111,545 | £161,779 | £273,324 |
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 | 111.561 % | £124,441 | £235,986 |
| 3 Month Average | 157.252 % | £175,406 | £286,951 |
| 6 Month Average | 145.998 % | £162,853 | £274,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £232,979 | £230,000 | 18 DIANA ROAD |
| 21 Jul 2022 | £166,448 | £166,000 | 53 MARY COURT |
| 5 Apr 2022 | £164,768 | £160,000 | 24 MARY COURT |
| 12 Nov 2021 | £174,124 | £161,000 | 28 MARY COURT |
| 2 Sep 2021 | £290,950 | £270,000 | 26 RUTH STREET |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 3 Apr 2012. Using an estimated price of £273,325 means this house is valued at £5,061 per sq meter (£470 per sq foot).
The average size of a house on MARY COURT is 56 sq meters (608 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mary Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hannah Close |
| Mar 2024 | Public order | Under investigation | On or near Sturla Road |
| Mar 2024 | Public order | Awaiting court outcome | On or near Sturla Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sturla Road |