£255,104
This estimated value is based upon the latest sale price for the house of £205,000 on 5 Feb 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £205,000 | 5 Feb 2019 |
| £183,000 | 19 Aug 2016 |
| £122,995 | 20 Nov 2009 |
| £51,995 | 2 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 February 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £205,000 results in an estimated price of approximately £255,104.
| 5 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £205,000 | £50,104 | £255,104 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | -5.074 % | £-10,401 | £194,598 |
| 3 Month Average | 7.481 % | £15,336 | £220,336 |
| 6 Month Average | 20.205 % | £41,419 | £246,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2024 | £255,000 | £255,000 | 4 EXMOUTH ROAD |
| 13 Dec 2023 | £123,804 | £120,000 | GROUND FLOOR FLAT 88 MILBURN ROAD |
| 3 Nov 2023 | £257,537 | £251,000 | 4 VIRGINIA ROAD |
| 2 Oct 2023 | £306,972 | £300,000 | 58 MILBURN ROAD |
| 25 Sep 2023 | £255,635 | £250,000 | 9 KING WILLIAM ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 7 Sep 2009. Using an estimated price of £255,104 means this house is valued at £3,229 per sq meter (£299 per sq foot).
The average size of a house on KING WILLIAM ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Exmouth Road |
| Oct 2024 | Anti-social behaviour | On or near Virginia Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Virginia Road |
| Sep 2024 | Public order | Action to be taken by another organisation | On or near Virginia Road |
| Sep 2024 | Anti-social behaviour | On or near Virginia Road |