£140,856
This estimated value is based upon the latest sale price for the house of £140,000 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £140,000 | 18 Aug 2023 |
| £125,000 | 26 Jul 2019 |
| Freehold |
| Floor Area: 39 sq meters or 424 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 August 2023 the House Price Index for MEDWAY was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £140,000 results in an estimated price of approximately £140,856.
| 18 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.1 | 148.0 | 0.612 % | £140,000 | £856 | £140,856 |
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 | -18.447 % | £-25,825 | £114,174 |
| 3 Month Average | -21.606 % | £-30,248 | £109,751 |
| 6 Month Average | -11.662 % | £-16,326 | £123,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £155,441 | £152,500 | 4 WARBLERS CLOSE |
| 1 Dec 2023 | £157,989 | £155,000 | 22 BRYANT ROAD |
| 18 Aug 2023 | £140,857 | £140,000 | FLAT 12 LONDON ROAD |
| 30 Jun 2023 | £161,308 | £160,000 | 32 WARBLERS CLOSE |
| 26 Jun 2023 | £133,079 | £132,000 | 7 WARBLERS CLOSE |
This house has a floor area of 39 sq meters or 424 sq feet when measured on 19 Jan 2012. Using an estimated price of £140,857 means this house is valued at £3,571 per sq meter (£331 per sq foot).
The average size of a house on LONDON ROAD is 99 sq meters (1,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Awaiting court outcome | On or near Petrol Station |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Robbery | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station |