£554,674
This estimated value is based upon the latest sale price for the house of £335,000 on 19 Apr 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £335,000 | 19 Apr 2013 |
| £141,000 | 31 Jul 2000 |
| £89,000 | 21 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 April 2013 the House Price Index for MEDWAY was 88.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.574%.Applying this 65.574% change to the original purchase price of £335,000 results in an estimated price of approximately £554,674.
| 19 Apr 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 146.7 | 65.574 % | £335,000 | £219,674 | £554,674 |
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 | 12.853 % | £43,057 | £378,057 |
| 3 Month Average | 59.214 % | £198,368 | £533,368 |
| 6 Month Average | 74.797 % | £250,570 | £585,570 |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 27 Feb 2015.
The average size of a house on REDE COURT ROAD is 117 sq meters (1,261 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Petrol Station |