£283,962
This estimated value is based upon the latest sale price for the house of £220,000 on 23 Jun 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Morgan Road
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| Price Paid | Date |
|---|---|
| £220,000 | 23 Jun 2017 |
| £155,000 | 9 Jul 2014 |
| £169,995 | 29 Nov 2007 |
| £60,000 | 20 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 June 2017 the House Price Index for MEDWAY was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £220,000 results in an estimated price of approximately £283,962.
| 23 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £220,000 | £63,962 | £283,962 |
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 | 14.609 % | £32,139 | £252,139 |
| 3 Month Average | 39.518 % | £86,938 | £306,938 |
| 6 Month Average | 18.388 % | £40,453 | £260,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £144,438 | £140,000 | 17D BROMPTON LANE |
| 11 Dec 2023 | £185,706 | £180,000 | 17C BROMPTON LANE |
| 20 Oct 2023 | £214,880 | £210,000 | 78 BROMPTON LANE |
| 29 Sep 2023 | £181,501 | £177,500 | 66 MONTFORT ROAD |
| 7 Jun 2023 | £209,192 | £205,000 | 90 MONTFORT ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 13 Aug 2013. Using an estimated price of £283,963 means this house is valued at £2,957 per sq meter (£274 per sq foot).
The average size of a house on MONTFORT ROAD is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Morgan Road |
| Sep 2024 | Drugs | Under investigation | On or near Glanville Road |
| Sep 2024 | Other crime | Under investigation | On or near Glanville Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glanville Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brompton Lane |