£1,654,566
This estimated value is based upon the latest sale price for the house of £270,000 on 19 May 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £270,000 | 19 May 2023 |
| £135,000 | 13 Dec 2010 |
| £155,000 | 23 Mar 2007 |
| £84,995 | 12 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 795 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 May 2023 the House Price Index for MEDWAY was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £270,000 results in an estimated price of approximately £1,654,566.
| 19 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £270,000 | £1,384,566 | £1,654,566 |
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 | -5.296 % | £-14,299 | £255,700 |
| 3 Month Average | 5.687 % | £15,355 | £285,355 |
| 6 Month Average | -1.218 % | £-3,289 | £266,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £251,717 | £246,000 | 5 CROSS STREET |
| 13 Oct 2023 | £209,764 | £205,000 | 44 WYKEHAM STREET |
| 29 Sep 2023 | £248,477 | £243,000 | 9 BANNING STREET |
| 23 Aug 2023 | £229,133 | £225,000 | 19 HONE STREET |
| 9 Jun 2023 | £229,601 | £225,000 | 37 CROSS STREET |
This house has a floor area of 73 sq meters or 795 sq feet when measured on 11 Sep 2010.
The average size of a house on CROSS STREET is 79 sq meters (859 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Cross Street |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cross Street |
| Aug 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Cross Street |
| Aug 2024 | Other theft | Under investigation | On or near Cross Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cross Street |