£633,290
This estimated value is based upon the latest sale price for the house of £485,000 on 3 Mar 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £485,000 | 3 Mar 2017 |
| £335,000 | 31 Aug 2006 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 March 2017 the House Price Index for MEDWAY was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £485,000 results in an estimated price of approximately £633,290.
| 3 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £485,000 | £148,290 | £633,290 |
The Postcode Pricing Model uses changes in average sales price within the ME3 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 | 38.262 % | £185,571 | £670,571 |
| 3 Month Average | 30.498 % | £147,916 | £632,916 |
| 6 Month Average | 29.582 % | £143,470 | £628,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £599,206 | £590,000 | 28 GUINNESS DRIVE |
| 24 Oct 2023 | £189,299 | £185,000 | 29 GUINNESS DRIVE |
| 6 Oct 2023 | £410,319 | £401,000 | 8 GUINNESS DRIVE |
| 29 Sep 2023 | £593,074 | £580,000 | 10 BOGARDE DRIVE |
| 30 Sep 2021 | £613,347 | £565,000 | 208 BROMPTON FARM ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 8 Nov 2016. Using an estimated price of £633,291 means this house is valued at £4,656 per sq meter (£432 per sq foot).
The average size of a house on LOWER ROCHESTER ROAD is 180 sq meters (1,946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lower Rochester Road |
| Jun 2024 | Anti-social behaviour | On or near Lower Rochester Road | |
| Jun 2024 | Anti-social behaviour | On or near Lower Rochester Road | |
| May 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Hawkenbury Rise |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Olivier Drive |