£191,930
This estimated value is based upon the latest sale price for the house of £166,000 on 22 Dec 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£166,000 | 22 Dec 2020 |
£115,000 | 19 Apr 2006 |
£93,000 | 19 Aug 2005 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 December 2020 the House Price Index for MEDWAY was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £166,000 results in an estimated price of approximately £191,930.
22 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £166,000 | £25,930 | £191,930 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -19.893 % | £-33,021 | £132,978 |
3 Month Average | -1.273 % | £-2,113 | £163,886 |
6 Month Average | 13.597 % | £22,570 | £188,570 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2023 | £143,254 | £140,000 | 111 CHARTER STREET |
26 Apr 2023 | £193,622 | £190,000 | 102 CHARTER STREET |
9 Feb 2023 | £236,580 | £235,000 | 101 CHARTER STREET |
20 Jan 2023 | £205,549 | £205,000 | 82 CHARTER STREET |
9 Nov 2022 | £238,883 | £240,000 | 11 INGLE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 29 Jun 2020. Using an estimated price of £191,931 means this house is valued at £2,908 per sq meter (£270 per sq foot).
The average size of a house on CHARTER STREET is 71 sq meters (765 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Neale Street |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neale Street |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neale Street |
Jun 2024 | Burglary | Under investigation | On or near Ingle Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ingle Road |