£134,913
This estimated value is based upon the latest sale price for the house of £125,000 on 22 Dec 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £125,000 | 22 Dec 2021 |
| £61,000 | 9 Jan 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 December 2021 the House Price Index for MEDWAY was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £125,000 results in an estimated price of approximately £134,913.
| 22 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £125,000 | £9,913 | £134,913 |
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 | -34.990 % | £-43,737 | £81,262 |
| 3 Month Average | -11.983 % | £-14,978 | £110,021 |
| 6 Month Average | 8.181 % | £10,226 | £135,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £235,990 | £230,000 | 35 ORDNANCE STREET |
| 17 Oct 2023 | £225,113 | £220,000 | FLAT 8 ALBANY HOUSE ALBANY TERRACE |
| 1 Sep 2022 | £191,872 | £192,000 | 14 CHILHAM CLOSE |
| 20 Jul 2022 | £208,085 | £206,000 | FLAT 9 ALBANY HOUSE ALBANY TERRACE |
| 1 Jul 2022 | £166,670 | £165,000 | FLAT 6 ALBANY HOUSE ALBANY TERRACE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 14 Nov 2019. Using an estimated price of £134,913 means this house is valued at £3,066 per sq meter (£284 per sq foot).
The average size of a house on FORT PITT STREET is 50 sq meters (542 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chilham Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chilham Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Chilham Close |
| Jun 2024 | Anti-social behaviour | On or near Chilham Close | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Chilham Close |