£227,336
This estimated value is based upon the latest sale price for the house of £199,995 on 12 Jan 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £199,995 | 12 Jan 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 January 2021 the House Price Index for MEDWAY was 130.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 13.671%.Applying this 13.671% change to the original purchase price of £199,995 results in an estimated price of approximately £227,336.
| 12 Jan 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 148.0 | 13.671 % | £199,995 | £27,341 | £227,336 |
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 | 7.484 % | £14,967 | £214,962 |
| 3 Month Average | 14.326 % | £28,650 | £228,645 |
| 6 Month Average | 11.119 % | £22,236 | £222,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £232,196 | £230,000 | FLAT 3 1 OLD ROAD |
| 7 Jul 2023 | £232,196 | £230,000 | FLAT 8 1 OLD ROAD |
| 30 Jan 2023 | £227,997 | £230,000 | FLAT 1 1 OLD ROAD |
| 28 Apr 2022 | £102,564 | £100,000 | 11 BERKELEY MOUNT |
| 29 Nov 2021 | £156,186 | £145,000 | FLAT 4 2 NEW ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 12 Mar 2020. Using an estimated price of £227,337 means this house is valued at £3,726 per sq meter (£346 per sq foot).
The average size of a house on OLD ROAD is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Unable to prosecute suspect | On or near Petrol Station |
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Vehicle crime | Under investigation | On or near Petrol Station |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |