£262,021
This estimated value is based upon the latest sale price for the house of £165,000 on 13 Jul 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £165,000 | 13 Jul 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 July 2007 the House Price Index for MEDWAY was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £165,000 results in an estimated price of approximately £262,021.
| 13 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £165,000 | £97,021 | £262,021 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 96.413 % | £159,081 | £324,081 |
| 3 Month Average | 70.687 % | £116,634 | £281,634 |
| 6 Month Average | 72.224 % | £119,170 | £284,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £274,228 | £268,000 | 78 SUNDRIDGE DRIVE |
| 9 Oct 2023 | £342,785 | £335,000 | 9 HILLBOROUGH GROVE |
| 23 Aug 2023 | £433,824 | £426,000 | 7 MCKENZIE ROAD |
| 17 Mar 2023 | £228,821 | £225,000 | 131 SUNDRIDGE DRIVE |
| 6 Feb 2023 | £212,419 | £211,000 | 22 MCKENZIE ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 9 Oct 2014. Using an estimated price of £262,021 means this house is valued at £3,447 per sq meter (£320 per sq foot).
The average size of a house on HILLBOROUGH GROVE is 109 sq meters (1,180 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hillborough Grove |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillborough Grove |
| Jun 2024 | Other crime | Action to be taken by another organisation | On or near Hillborough Grove |
| May 2024 | Violence and sexual offences | Under investigation | On or near Hillborough Grove |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Mc Kenzie Road |