£307,877
This estimated value is based upon the latest sale price for the house of £208,000 on 17 Apr 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £208,000 | 17 Apr 2015 |
| £155,000 | 22 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2015 the House Price Index for MEDWAY was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £208,000 results in an estimated price of approximately £307,877.
| 17 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £208,000 | £99,877 | £307,877 |
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 | 61.346 % | £127,599 | £335,599 |
| 3 Month Average | 38.364 % | £79,796 | £287,796 |
| 6 Month Average | 51.196 % | £106,486 | £314,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £225,113 | £220,000 | FLAT 8 ALBANY HOUSE ALBANY TERRACE |
| 10 Feb 2023 | £339,266 | £337,000 | 4 CRESSEY COURT |
| 14 Nov 2022 | £306,069 | £307,500 | 12 BOUNDARY ROAD |
| 20 Jul 2022 | £208,085 | £206,000 | FLAT 9 ALBANY HOUSE ALBANY TERRACE |
| 1 Jul 2022 | £166,670 | £165,000 | FLAT 6 ALBANY HOUSE ALBANY TERRACE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 27 Oct 2014. Using an estimated price of £307,877 means this house is valued at £3,709 per sq meter (£344 per sq foot).
The average size of a house on CRESSEY COURT is 74 sq meters (800 sq feet).
This house is the largest in the street with a floor area of 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Albany Terrace |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lumsden Terrace |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Afghan Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Afghan Road |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Afghan Road |