£308,831
This estimated value is based upon the latest sale price for the house of £248,000 on 13 May 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £248,000 | 13 May 2019 |
| £163,000 | 11 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 May 2019 the House Price Index for MEDWAY was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £248,000 results in an estimated price of approximately £308,831.
| 13 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £248,000 | £60,831 | £308,831 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | -3.569 % | £-8,852 | £239,147 |
| 3 Month Average | 17.469 % | £43,322 | £291,322 |
| 6 Month Average | 12.657 % | £31,388 | £279,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £1,053,217 | £1,030,000 | OLD ASH TREE RAINHAM ROAD |
| 1 Sep 2023 | £434,580 | £425,000 | 24 STUART ROAD |
| 23 Aug 2023 | £356,429 | £350,000 | 382 CANTERBURY STREET |
| 27 Feb 2023 | £161,076 | £160,000 | TOP FLAT 8B STUART ROAD |
| 6 Sep 2022 | £354,763 | £355,000 | 1 CHESTER ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 31 Mar 2016. Using an estimated price of £308,831 means this house is valued at £2,733 per sq meter (£253 per sq foot).
The average size of a house on CROSLEY ROAD is 113 sq meters (1,226 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Crosley Road | |
| Jul 2024 | Drugs | Under investigation | On or near Crosley Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crosley Road |
| Jun 2024 | Theft from the person | Unable to prosecute suspect | On or near Crosley Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crosley Road |