£315,027
This estimated value is based upon the latest sale price for the house of £255,000 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £255,000 | 11 Oct 2019 |
| £125,500 | 23 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 October 2019 the House Price Index for MEDWAY was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £255,000 results in an estimated price of approximately £315,027.
| 11 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £255,000 | £60,027 | £315,027 |
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 | 1.780 % | £4,539 | £259,539 |
| 3 Month Average | 15.110 % | £38,530 | £293,530 |
| 6 Month Average | 10.227 % | £26,079 | £281,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £335,149 | £330,000 | 60 ARTHUR ROAD |
| 15 Dec 2023 | £515,851 | £500,000 | 123 TAVERNERS ROAD |
| 27 Oct 2023 | £332,553 | £325,000 | 133 TAVERNERS ROAD |
| 18 Sep 2023 | £490,820 | £480,000 | 83 TAVERNERS ROAD |
| 21 Oct 2022 | £373,752 | £375,000 | 146 BETTESCOMBE ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 19 Feb 2016. Using an estimated price of £315,027 means this house is valued at £4,632 per sq meter (£430 per sq foot).
The average size of a house on TAVERNERS ROAD is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lonsdale Drive |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lonsdale Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lonsdale Drive |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lonsdale Drive |