£178,926
This estimated value is based upon the latest sale price for the house of £38,000 on 12 May 1998. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £38,000 | 12 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 1998 the House Price Index for MEDWAY was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £38,000 results in an estimated price of approximately £178,926.
| 12 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 148.6 | 370.858 % | £38,000 | £140,926 | £178,926 |
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 | 299.383 % | £113,765 | £151,765 |
| 3 Month Average | 262.062 % | £99,583 | £137,583 |
| 6 Month Average | 396.108 % | £150,521 | £188,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £195,900 | £193,000 | 107 GORDON ROAD |
| 1 Jun 2023 | £210,044 | £207,500 | 145 MAGPIE HALL ROAD |
| 1 Feb 2023 | £99,933 | £100,000 | 139 MAGPIE HALL ROAD |
| 20 Jan 2023 | £248,828 | £250,000 | 46B MAGPIE HALL ROAD |
| 15 Sep 2022 | £188,478 | £190,000 | 100 GORDON ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 9 May 2017. Using an estimated price of £178,926 means this house is valued at £2,293 per sq meter (£213 per sq foot).
The average size of a house on GORDON ROAD is 67 sq meters (724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gordon Road |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Gordon Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Road |