£333,413
This estimated value is based upon the latest sale price for the house of £270,000 on 19 Sep 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£270,000 | 19 Sep 2018 |
£84,500 | 7 Jan 2000 |
£71,750 | 19 Oct 1998 |
Semi-Detached |
Freehold |
Floor Area: 55 sq meters or 592 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 2018 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £270,000 results in an estimated price of approximately £333,413.
19 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.487 % | £270,000 | £63,413 | £333,413 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -17.656 % | £-47,671 | £222,328 |
3 Month Average | 32.139 % | £86,775 | £356,775 |
6 Month Average | 22.313 % | £60,244 | £330,244 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £206,809 | £205,000 | 18 PORT RISE |
30 Jun 2023 | £311,270 | £307,500 | 98 PORT RISE |
24 Feb 2023 | £314,788 | £315,000 | 7 WESTMOUNT AVENUE |
20 Aug 2021 | £178,499 | £160,000 | 32 PORT RISE |
29 Jun 2021 | £321,877 | £300,000 | 5 PORT RISE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 24 Mar 2012. Using an estimated price of £333,414 means this house is valued at £6,060 per sq meter (£563 per sq foot).
The average size of a house on PORT RISE is 69 sq meters (744 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Port Rise |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Port Rise |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Port Rise |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Westmount Avenue |
Jan 2024 | Drugs | Awaiting court outcome | On or near Westmount Avenue |