£215,542
This estimated value is based upon the latest sale price for the house of £208,000 on 4 Mar 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£208,000 | 4 Mar 2022 |
£160,000 | 25 Sep 2015 |
£100,000 | 10 Aug 2012 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 744 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 2022 the House Price Index for MEDWAY was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £208,000 results in an estimated price of approximately £215,542.
4 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £208,000 | £7,542 | £215,542 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | 2.749 % | £5,718 | £213,718 |
3 Month Average | -11.598 % | £-24,124 | £183,875 |
6 Month Average | -3.131 % | £-6,513 | £201,486 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £245,808 | £242,500 | 11 COLLIS STREET |
31 Jan 2023 | £303,570 | £305,000 | 17 MOORE STREET |
24 Jan 2023 | £285,654 | £287,000 | 28 KITCHENER ROAD |
20 Jan 2023 | £248,828 | £250,000 | 125 KITCHENER ROAD |
8 Nov 2022 | £227,247 | £230,000 | 16 COLLIS STREET |
This house has a floor area of 69 sq meters or 744 sq feet when measured on 7 Jan 2012. Using an estimated price of £215,543 means this house is valued at £3,115 per sq meter (£289 per sq foot).
The average size of a house on BROMPTON LANE is 80 sq meters (864 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Collis Street | |
Mar 2024 | Burglary | Under investigation | On or near Steele Street |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Steele Street |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Kitchener Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Brompton Lane |