£275,040
This estimated value is based upon the latest sale price for the house of £217,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £217,000 | 29 Sep 2017 |
| £141,000 | 28 Sep 2007 |
| £132,000 | 3 Sep 2004 |
| £111,000 | 22 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 September 2017 the House Price Index for MEDWAY was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £217,000 results in an estimated price of approximately £275,040.
| 29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £217,000 | £58,040 | £275,040 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 91.673 % | £198,930 | £415,930 |
| 3 Month Average | 21.655 % | £46,992 | £263,992 |
| 6 Month Average | 22.655 % | £49,160 | £266,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £368,956 | £362,500 | 11 CHARING ROAD |
| 5 Dec 2023 | £402,034 | £395,000 | 8 BOUGHTON CLOSE |
| 5 Apr 2023 | £272,939 | £270,000 | 24 LYNSTED ROAD |
| 3 Apr 2023 | £247,667 | £245,000 | 23 LEEDS SQUARE |
| 20 Jan 2023 | £278,687 | £280,000 | 51 GOUDHURST ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 26 Apr 2017. Using an estimated price of £275,040 means this house is valued at £3,395 per sq meter (£315 per sq foot).
The average size of a house on GOUDHURST ROAD is 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goudhurst Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goudhurst Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goudhurst Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Goudhurst Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goudhurst Road |