£312,958
This estimated value is based upon the latest sale price for the house of £255,000 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£255,000 | 16 Nov 2018 |
£158,500 | 22 Mar 2013 |
£149,000 | 9 Jul 2004 |
£69,950 | 11 Aug 2000 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 November 2018 the House Price Index for MEDWAY was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £255,000 results in an estimated price of approximately £312,958.
16 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.0 | 22.729 % | £255,000 | £57,958 | £312,958 |
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 | 3.227 % | £8,227 | £263,227 |
3 Month Average | 21.208 % | £54,079 | £309,079 |
6 Month Average | 21.888 % | £55,813 | £310,813 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £307,913 | £305,000 | 21 ELMHURST GARDENS |
22 Jun 2023 | £320,599 | £318,000 | 9 ELMHURST GARDENS |
14 Nov 2022 | £280,452 | £285,000 | 8 CRANLEIGH GARDENS |
16 Sep 2022 | £365,554 | £370,000 | 59 THE CHASE |
6 Jul 2022 | £296,599 | £297,000 | 18 CRANLEIGH GARDENS |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 29 Nov 2012. Using an estimated price of £312,959 means this house is valued at £4,172 per sq meter (£387 per sq foot).
The average size of a house on BOUNDARY ROAD is 96 sq meters (1,041 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranleigh Gardens |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranleigh Gardens |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranleigh Gardens |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranleigh Gardens |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranleigh Gardens |