£279,375
This estimated value is based upon the latest sale price for the house of £145,000 on 13 Aug 2004. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £145,000 | 13 Aug 2004 |
| £74,995 | 20 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 August 2004 the House Price Index for MEDWAY was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £145,000 results in an estimated price of approximately £279,375.
| 13 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £145,000 | £134,375 | £279,375 |
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 | 40.169 % | £58,245 | £203,245 |
| 3 Month Average | 84.855 % | £123,039 | £268,039 |
| 6 Month Average | 89.469 % | £129,730 | £274,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £251,702 | £249,500 | 83 ORDNANCE STREET |
| 31 Mar 2023 | £287,711 | £285,000 | 91 ORDNANCE STREET |
| 23 Feb 2023 | £104,929 | £105,000 | 265 FORT PITT STREET |
| 1 Sep 2022 | £190,462 | £192,000 | 14 CHILHAM CLOSE |
| 9 Aug 2022 | £289,221 | £290,000 | 35 PAGITT STREET |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 17 Sep 2014. Using an estimated price of £279,376 means this house is valued at £2,199 per sq meter (£204 per sq foot).
The average size of a house on ORDNANCE STREET is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Charles Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Charles Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Charles Street |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Charles Street |
| Mar 2024 | Anti-social behaviour | On or near Charles Street |