£241,477
This estimated value is based upon the latest sale price for the house of £198,500 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £198,500 | 2 Nov 2018 |
| £105,000 | 27 Jun 2003 |
| £47,000 | 26 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 49 sq meters or 534 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 November 2018 the House Price Index for MEDWAY was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £198,500 results in an estimated price of approximately £241,477.
| 2 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £198,500 | £42,977 | £241,477 |
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 | -8.990 % | £-17,845 | £180,654 |
| 3 Month Average | 0.051 % | £101 | £198,601 |
| 6 Month Average | 17.514 % | £34,765 | £233,265 |
This house has a floor area of 49 sq meters or 534 sq feet when measured on 5 Nov 2008.
The average size of a house on HERITAGE ROAD is 57 sq meters (620 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heritage Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heritage Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Heritage Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heritage Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Henley Close |