£389,554
This estimated value is based upon the latest sale price for the house of £315,000 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £315,000 | 12 Apr 2019 |
| £90,000 | 11 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,696 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 April 2019 the House Price Index for MEDWAY was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £315,000 results in an estimated price of approximately £389,554.
| 12 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £315,000 | £74,554 | £389,554 |
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 | -12.009 % | £-37,828 | £277,171 |
| 3 Month Average | 3.028 % | £9,537 | £324,537 |
| 6 Month Average | 23.856 % | £75,144 | £390,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £310,000 | £310,000 | 7 DARGETS ROAD |
| 1 Dec 2023 | £346,055 | £340,000 | 38 BIRCHFIELDS |
| 28 Jul 2023 | £324,366 | £320,000 | 36 BIRCHFIELDS |
| 21 Jul 2023 | £263,547 | £260,000 | 57 PRINCES AVENUE |
| 21 Jun 2023 | £351,255 | £347,000 | 12 BIRCHFIELDS |
This house has a floor area of 157 sq meters or 1,696 sq feet when measured on 18 Oct 2010. Using an estimated price of £389,554 means this house is valued at £2,471 per sq meter (£229 per sq foot).
The average size of a house on DARGETS ROAD is 112 sq meters (1,208 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Dec 2023 | Anti-social behaviour | On or near Brendon Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Brendon Avenue |