£206,469
This estimated value is based upon the latest sale price for the house of £119,500 on 6 Sep 2011. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£119,500 | 6 Sep 2011 |
£120,000 | 31 Mar 2006 |
£69,995 | 6 Aug 2001 |
£49,000 | 19 Nov 1999 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 2011 the House Price Index for MEDWAY was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £119,500 results in an estimated price of approximately £206,469.
6 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.778 % | £119,500 | £86,969 | £206,469 |
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 | 57.326 % | £68,504 | £188,004 |
3 Month Average | 61.624 % | £73,640 | £193,140 |
6 Month Average | 70.558 % | £84,317 | £203,817 |
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 75 sq meters or 807 sq feet when measured on 27 Apr 2012. Using an estimated price of £206,469 means this house is valued at £2,752 per sq meter (£255 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 |