£160,429
This estimated value is based upon the latest sale price for the house of £105,000 on 11 Jul 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£105,000 | 11 Jul 2014 |
£140,000 | 21 Sep 2007 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 866 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 July 2014 the House Price Index for MEDWAY was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £105,000 results in an estimated price of approximately £160,429.
11 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £105,000 | £55,429 | £160,429 |
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 | 58.542 % | £61,469 | £166,469 |
3 Month Average | 29.590 % | £31,069 | £136,069 |
6 Month Average | 58.594 % | £61,523 | £166,523 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £140,000 | £140,000 | 88 DALE STREET |
23 Jun 2023 | £232,820 | £230,000 | 119 DALE STREET |
12 Apr 2023 | £222,395 | £220,000 | 155 DALE STREET |
8 Mar 2023 | £162,531 | £161,000 | 56 DALE STREET |
25 Jan 2023 | £373,242 | £375,000 | 17 KING EDWARD ROAD |
This house has a floor area of 80 sq meters or 866 sq feet when measured on 20 May 2010. Using an estimated price of £160,430 means this house is valued at £1,992 per sq meter (£185 per sq foot).
The average size of a house on DALE STREET is 84 sq meters (908 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near King Edward Road |
Mar 2024 | Public order | Under investigation | On or near King Edward Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near King Edward Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Road |