£225,538
This estimated value is based upon the latest sale price for the house of £132,500 on 18 Jul 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£132,500 | 18 Jul 2012 |
£129,995 | 24 Aug 2005 |
£98,995 | 13 Sep 2002 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 July 2012 the House Price Index for MEDWAY was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £132,500 results in an estimated price of approximately £225,538.
18 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.218 % | £132,500 | £93,038 | £225,538 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | 51.035 % | £67,620 | £200,120 |
3 Month Average | 62.488 % | £82,796 | £215,296 |
6 Month Average | 68.708 % | £91,038 | £223,538 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £142,493 | £140,000 | 17D BROMPTON LANE |
29 Sep 2023 | £179,799 | £177,500 | 66 MONTFORT ROAD |
7 Jun 2023 | £207,514 | £205,000 | 90 MONTFORT ROAD |
10 Jan 2023 | £213,992 | £215,000 | 55 MONTFORT ROAD |
1 Jul 2022 | £280,756 | £280,000 | 69 MONTFORT ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 7 Sep 2020. Using an estimated price of £225,539 means this house is valued at £2,854 per sq meter (£265 per sq foot).
The average size of a house on MONTFORT ROAD is 71 sq meters (774 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Morgan Road |
Jan 2024 | Drugs | Under investigation | On or near Morgan Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Brompton Lane |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brompton Lane |
Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Brompton Lane |