£85,232
This estimated value is based upon the latest sale price for the house of £70,000 on 19 Jul 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £70,000 | 19 Jul 2019 |
| £64,995 | 15 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 20 sq meters or 215 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 2019 the House Price Index for MEDWAY was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.760%.Applying this 21.760% change to the original purchase price of £70,000 results in an estimated price of approximately £85,232.
| 19 Jul 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.760 % | £70,000 | £15,232 | £85,232 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | -25.963 % | £-18,174 | £51,825 |
| 3 Month Average | 5.061 % | £3,542 | £73,542 |
| 6 Month Average | 11.617 % | £8,131 | £78,131 |
This house has a floor area of 20 sq meters or 215 sq feet when measured on 8 Sep 2018.
The average size of a house on LONDON ROAD is 99 sq meters (1,073 sq feet).
This house is the smallest in the street with a floor area of 20 sq meters (215 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Madhuran Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madhuran Court |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Madhuran Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madhuran Court |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station |