£342,923
This estimated value is based upon the latest sale price for the house of £300,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £300,000 | 18 Dec 2020 |
| £285,000 | 27 Jan 2017 |
| £177,500 | 7 May 2013 |
| £203,000 | 7 Sep 2007 |
| £205,000 | 31 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 827 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 December 2020 the House Price Index for MEDWAY was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £300,000 results in an estimated price of approximately £342,923.
| 18 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £300,000 | £42,923 | £342,923 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 40.853 % | £122,558 | £422,558 |
| 3 Month Average | -6.965 % | £-20,893 | £279,106 |
| 6 Month Average | 11.067 % | £33,199 | £333,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £374,812 | £370,000 | 51 GATCOMBE CLOSE |
| 1 Aug 2023 | £231,407 | £230,000 | 13 HELMS WAY |
| 31 Jul 2023 | £277,626 | £275,000 | 101 SUSSEX DRIVE |
| 21 Jul 2023 | £171,623 | £170,000 | 129 PRINCES AVENUE |
| 30 Jun 2023 | £269,183 | £267,000 | 157 PRINCES AVENUE |
This house has a floor area of 76 sq meters or 827 sq feet when measured on 14 Dec 2011. Using an estimated price of £342,924 means this house is valued at £4,461 per sq meter (£414 per sq foot).
The average size of a house on PEACOCK RISE is 126 sq meters (1,357 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Peacock Rise | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Peacock Rise |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peacock Rise |
| Mar 2024 | Other theft | Under investigation | On or near Peacock Rise |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Peacock Rise |