£222,304
This estimated value is based upon the latest sale price for the house of £158,000 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £158,000 | 30 Oct 2015 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 October 2015 the House Price Index for MEDWAY was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £158,000 results in an estimated price of approximately £222,304.
| 30 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £158,000 | £64,304 | £222,304 |
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 | 28.213 % | £44,575 | £202,575 |
| 3 Month Average | 26.327 % | £41,596 | £199,596 |
| 6 Month Average | 43.283 % | £68,386 | £226,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2023 | £187,264 | £185,500 | 85A SHAKESPEARE ROAD |
| 30 Nov 2022 | £1,136,237 | £1,150,000 | FLAT 1 PRITCHARD COURT SHAKESPEARE ROAD |
| 29 Jul 2022 | £268,723 | £268,000 | 87 SHAKESPEARE ROAD |
| 1 Feb 2022 | £309,365 | £295,000 | 64 SHAKESPEARE ROAD |
| 14 Jan 2022 | £221,006 | £210,000 | 2 MONTGOMERY ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 18 Sep 2015. Using an estimated price of £222,304 means this house is valued at £2,925 per sq meter (£271 per sq foot).
The average size of a house on SHAKESPEARE ROAD is 80 sq meters (868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shakespeare Road |
| Jan 2024 | Anti-social behaviour | On or near Shakespeare Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shakespeare Road |
| Jan 2024 | Anti-social behaviour | On or near Shakespeare Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shakespeare Road |