£261,816
This estimated value is based upon the latest sale price for the house of £55,000 on 20 Mar 1998. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £55,000 | 20 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 733 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 March 1998 the House Price Index for MEDWAY was 31.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 376.031%.Applying this 376.031% change to the original purchase price of £55,000 results in an estimated price of approximately £261,816.
| 20 Mar 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 148.0 | 376.031 % | £55,000 | £206,816 | £261,816 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 432.190 % | £237,704 | £292,704 |
| 3 Month Average | 418.614 % | £230,237 | £285,237 |
| 6 Month Average | 398.251 % | £219,037 | £274,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £293,771 | £290,000 | 179 BROADWAY |
| 18 Aug 2023 | £422,570 | £420,000 | 37 BROADWAY |
| 26 Jul 2023 | £282,674 | £280,000 | 23 PRIORY ROAD |
| 3 Feb 2023 | £303,564 | £305,000 | 118 BROADWAY |
| 11 Aug 2022 | £285,074 | £287,000 | 173 BROADWAY |
This house has a floor area of 68 sq meters or 733 sq feet when measured on 9 Nov 2008. Using an estimated price of £261,817 means this house is valued at £3,842 per sq meter (£356 per sq foot).
The average size of a house on BROADWAY is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Sanctuary Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ito Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ito Way |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ito Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ito Way |