£268,728
This estimated value is based upon the latest sale price for the house of £220,000 on 14 Nov 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £220,000 | 14 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2019 the House Price Index for MEDWAY was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £220,000 results in an estimated price of approximately £268,728.
| 14 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £220,000 | £48,728 | £268,728 |
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 | -8.199 % | £-18,037 | £201,962 |
| 3 Month Average | 25.153 % | £55,335 | £275,335 |
| 6 Month Average | 15.043 % | £33,093 | £253,093 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £198,708 | £197,500 | 76 MAGPIE HALL ROAD |
| 14 Jul 2023 | £237,244 | £235,000 | 145 GLENCOE ROAD |
| 15 Jun 2023 | £196,594 | £195,000 | 187A MAGPIE HALL ROAD |
| 11 Jan 2023 | £352,900 | £356,000 | 7 MARK STREET |
| 21 Apr 2022 | £282,051 | £275,000 | 148 GLENCOE ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 5 Jul 2019. Using an estimated price of £268,729 means this house is valued at £3,019 per sq meter (£280 per sq foot).
The average size of a house on GLENCOE ROAD is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Symons Avenue |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Symons Avenue |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Symons Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mark Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mark Street |