£388,966
This estimated value is based upon the latest sale price for the house of £290,000 on 19 Aug 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£290,000 | 19 Aug 2016 |
£193,000 | 27 Nov 2015 |
£148,000 | 26 Apr 2005 |
Terraced |
Freehold |
Floor Area: 113 sq meters or 1,216 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 August 2016 the House Price Index for MEDWAY was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £290,000 results in an estimated price of approximately £388,966.
19 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £290,000 | £98,966 | £388,966 |
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 | 0.308 % | £892 | £290,892 |
3 Month Average | 12.922 % | £37,472 | £327,472 |
6 Month Average | 42.175 % | £122,308 | £412,308 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2023 | £144,099 | £141,500 | 245 FORT PITT STREET |
14 Apr 2023 | £210,181 | £206,250 | 102 FORT PITT STREET |
23 Feb 2023 | £105,706 | £105,000 | 265 FORT PITT STREET |
10 Feb 2023 | £339,266 | £337,000 | 4 CRESSEY COURT |
14 Nov 2022 | £306,069 | £307,500 | 12 BOUNDARY ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 7 Oct 2015. Using an estimated price of £388,966 means this house is valued at £3,442 per sq meter (£319 per sq foot).
The average size of a house on BOUNDARY ROAD is 96 sq meters (1,041 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Afghan Road | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Afghan Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Afghan Road |
May 2024 | Drugs | Awaiting court outcome | On or near Afghan Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Afghan Road |