£243,157
This estimated value is based upon the latest sale price for the house of £192,000 on 1 Dec 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £192,000 | 1 Dec 2017 |
| £136,500 | 16 Mar 2017 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2017 the House Price Index for MEDWAY was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £192,000 results in an estimated price of approximately £243,157.
| 1 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £192,000 | £51,157 | £243,157 |
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 | 179.139 % | £343,946 | £535,946 |
| 3 Month Average | 23.288 % | £44,712 | £236,712 |
| 6 Month Average | 14.607 % | £28,044 | £220,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Feb 2023 | £234,567 | £233,000 | 21 WAGHORN STREET |
| 13 Jan 2023 | £135,362 | £135,000 | FLAT 1 13 WAGHORN STREET |
| 29 Nov 2021 | £212,456 | £195,000 | 22 GORDON ROAD |
| 1 Jun 2021 | £183,747 | £170,000 | 6 GORDON ROAD |
| 5 Oct 2020 | £219,809 | £186,000 | 14 PORTLAND STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 5 Jul 2017. Using an estimated price of £243,158 means this house is valued at £3,377 per sq meter (£313 per sq foot).
The average size of a house on WAGHORN STREET is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Waghorn Street |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Waghorn Street |
| Jul 2024 | Anti-social behaviour | On or near Waghorn Street | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Waghorn Street |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Waghorn Street |