£239,527
This estimated value is based upon the latest sale price for the house of £190,000 on 24 Nov 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £190,000 | 24 Nov 2017 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2017 the House Price Index for MEDWAY was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £190,000 results in an estimated price of approximately £239,527.
| 24 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £190,000 | £49,527 | £239,527 |
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 | 3.603 % | £6,845 | £196,845 |
| 3 Month Average | 7.754 % | £14,733 | £204,733 |
| 6 Month Average | 14.164 % | £26,910 | £216,910 |
| 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 97 sq meters or 1,044 sq feet when measured on 11 Sep 2017. Using an estimated price of £239,527 means this house is valued at £2,469 per sq meter (£229 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near College Avenue |
| Apr 2024 | Possession of weapons | Action to be taken by another organisation | On or near College Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near College Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near College Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near College Avenue |