£155,344
This estimated value is based upon the latest sale price for the house of £52,000 on 29 Apr 2002. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£52,000 | 29 Apr 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 April 2002 the House Price Index for MEDWAY was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £52,000 results in an estimated price of approximately £155,344.
29 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.7 | 148.6 | 198.739 % | £52,000 | £103,344 | £155,344 |
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 | 147.953 % | £76,935 | £128,935 |
3 Month Average | 170.211 % | £88,509 | £140,509 |
6 Month Average | 191.813 % | £99,742 | £151,742 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £307,582 | £302,200 | 72 HILLTOP ROAD |
22 Jun 2023 | £106,287 | £105,000 | FLAT 1 MEREWORTH HOUSE CYPRESS COURT |
24 Jan 2023 | £383,195 | £385,000 | 3 MARDEN ROAD |
15 Jun 2022 | £122,734 | £121,000 | 4 LEEDS HOUSE CYPRESS COURT |
17 Nov 2021 | £153,575 | £142,000 | 1 CHILHAM HOUSE CYPRESS COURT |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 1 Nov 2013. Using an estimated price of £155,344 means this house is valued at £2,427 per sq meter (£225 per sq foot).
The average size of a house on CYPRESS COURT is 56 sq meters (612 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cypress Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cypress Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sholden Road |