£248,265
This estimated value is based upon the latest sale price for the house of £130,000 on 22 Sep 2004. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£130,000 | 22 Sep 2004 |
£105,000 | 12 Dec 2003 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,287 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 September 2004 the House Price Index for MEDWAY was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £130,000 results in an estimated price of approximately £248,265.
22 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.8 | 148.6 | 90.974 % | £130,000 | £118,265 | £248,265 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 52.230 % | £67,898 | £197,898 |
3 Month Average | 71.093 % | £92,421 | £222,421 |
6 Month Average | 108.011 % | £140,414 | £270,414 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £209,000 | £209,000 | 20 SEYMOUR ROAD |
23 Aug 2023 | £262,295 | £260,000 | 90 THOROLD ROAD |
14 Jul 2023 | £273,683 | £270,000 | 129 LUTON ROAD |
22 Jun 2023 | £242,943 | £240,000 | 50 SEYMOUR ROAD |
17 Apr 2023 | £166,796 | £165,000 | 101 THOROLD ROAD |
This house has a floor area of 119 sq meters or 1,287 sq feet when measured on 26 Feb 2010. Using an estimated price of £248,266 means this house is valued at £2,075 per sq meter (£192 per sq foot).
The average size of a house on THOROLD ROAD is 78 sq meters (846 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,287 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Thorold Road |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Thorold Road |
Feb 2024 | Anti-social behaviour | On or near Thorold Road | |
Feb 2024 | Anti-social behaviour | On or near Thorold Road | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorold Road |