£281,125
This estimated value is based upon the latest sale price for the house of £82,995 on 20 Jul 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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21a Grover Walk, Stanford-le-Hope, SS17 7LP
Phone: 01375318348
Price Paid | Date |
---|---|
£82,995 | 20 Jul 2001 |
Terraced |
Freehold |
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 July 2001 the House Price Index for MEDWAY was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £82,995 results in an estimated price of approximately £281,125.
20 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.2 | 149.7 | 238.726 % | £82,995 | £198,130 | £281,125 |
The Postcode Pricing Model uses changes in average sales price within the ME3 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 | 228.802 % | £189,894 | £272,889 |
3 Month Average | 214.078 % | £177,674 | £260,669 |
6 Month Average | 209.079 % | £173,525 | £256,520 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Oct 2023 | £386,273 | £377,500 | 39 NORTH ROAD |
14 Sep 2023 | £235,184 | £230,000 | 48 ROOKERY CRESCENT |
20 Jun 2022 | £301,444 | £295,000 | 11 REED STREET |
25 Mar 2022 | £271,423 | £260,000 | 16 NORTH ROAD |
11 Feb 2022 | £237,703 | £225,000 | 14 NORTH ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Action to be taken by another organisation | On or near Reed Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near North Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Road |
Apr 2024 | Anti-social behaviour | On or near Wharf Lane | |
Apr 2024 | Anti-social behaviour | On or near Wharf Lane |