£402,072
This estimated value is based upon the latest sale price for the house of £325,000 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £325,000 | 29 Mar 2018 |
| £68,000 | 8 Oct 1999 |
| £57,500 | 22 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 March 2018 the House Price Index for MEDWAY was 118.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.715%.Applying this 23.715% change to the original purchase price of £325,000 results in an estimated price of approximately £402,072.
| 29 Mar 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 146.7 | 23.715 % | £325,000 | £77,072 | £402,072 |
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 | 13.976 % | £45,422 | £370,422 |
| 3 Month Average | 12.417 % | £40,354 | £365,354 |
| 6 Month Average | 22.310 % | £72,509 | £397,509 |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 12 Nov 2019.
The average size of a house on MARLBOROUGH ROAD is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lock Street |
| Mar 2024 | Anti-social behaviour | On or near Lock Street | |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lock Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lock Street |
| Feb 2024 | Drugs | Under investigation | On or near Lock Street |