£196,211
This estimated value is based upon the latest sale price for the house of £160,000 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £160,000 | 11 Oct 2019 |
| £100,000 | 9 Sep 2005 |
| £111,150 | 15 Sep 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2019 the House Price Index for MEDWAY was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £160,000 results in an estimated price of approximately £196,211.
| 11 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £160,000 | £36,211 | £196,211 |
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 | 19.381 % | £31,010 | £191,010 |
| 3 Month Average | 13.270 % | £21,231 | £181,231 |
| 6 Month Average | 15.105 % | £24,167 | £184,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £309,583 | £305,000 | 39 GILLINGHAM ROAD |
| 17 Mar 2023 | £302,853 | £300,000 | 94 COPENHAGEN ROAD |
| 30 Jun 2022 | £276,913 | £273,000 | 81 WATERLOO ROAD |
| 14 Dec 2020 | £241,020 | £210,000 | 22 GILLINGHAM ROAD |
| 6 Nov 2020 | £231,871 | £200,000 | 91 GILLINGHAM ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 17 Oct 2019. Using an estimated price of £196,212 means this house is valued at £3,442 per sq meter (£319 per sq foot).
The average size of a house on GILLINGHAM ROAD is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterloo Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Waterloo Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waterloo Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterloo Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waterloo Road |