£258,846
This estimated value is based upon the latest sale price for the house of £152,000 on 28 Sep 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £152,000 | 28 Sep 2012 |
| £144,000 | 5 Apr 2007 |
| £93,000 | 13 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 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 70.294%.Applying this 70.294% change to the original purchase price of £152,000 results in an estimated price of approximately £258,846.
| 28 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £152,000 | £106,846 | £258,846 |
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 | 59.610 % | £90,606 | £242,606 |
| 3 Month Average | 67.649 % | £102,826 | £254,826 |
| 6 Month Average | 75.328 % | £114,498 | £266,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £277,993 | £275,000 | 9 ACORN ROAD |
| 23 Mar 2023 | £323,043 | £320,000 | 125 STURDEE AVENUE |
| 10 Aug 2022 | £266,283 | £267,000 | 14 VALLEY ROAD |
| 29 Jul 2022 | £317,856 | £317,000 | 32 VALLEY ROAD |
| 5 Jan 2022 | £303,093 | £288,000 | 63 VALLEY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 10 Nov 2011. Using an estimated price of £258,846 means this house is valued at £3,545 per sq meter (£329 per sq foot).
The average size of a house on VALLEY ROAD is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Acorn Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acorn Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acorn Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acorn Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acorn Road |