£348,540
This estimated value is based upon the latest sale price for the house of £315,000 on 8 Oct 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £315,000 | 8 Oct 2021 |
| £260,000 | 13 Jul 2017 |
| £180,000 | 25 May 2017 |
| £150,000 | 28 Nov 2003 |
| £75,000 | 31 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 October 2021 the House Price Index for MEDWAY was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £315,000 results in an estimated price of approximately £348,540.
| 8 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £315,000 | £33,540 | £348,540 |
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 | 8.875 % | £27,956 | £342,956 |
| 3 Month Average | 1.413 % | £4,452 | £319,452 |
| 6 Month Average | 1.601 % | £5,042 | £320,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £340,000 | £340,000 | 75 COLLEGE AVENUE |
| 15 Dec 2023 | £120,101 | £118,000 | FLAT 1 145 MARLBOROUGH ROAD |
| 1 Dec 2023 | £236,132 | £232,000 | 33 COLLEGE AVENUE |
| 29 Sep 2023 | £268,432 | £265,000 | 12 COLLEGE AVENUE |
| 18 Sep 2023 | £308,950 | £305,000 | 241 MARLBOROUGH ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 31 Jan 2017. Using an estimated price of £348,541 means this house is valued at £3,084 per sq meter (£286 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Upper Britton Place |