£269,506
This estimated value is based upon the latest sale price for the house of £56,500 on 8 Apr 1998. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £56,500 | 8 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 1998 the House Price Index for MEDWAY was 31.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 377.002%.Applying this 377.002% change to the original purchase price of £56,500 results in an estimated price of approximately £269,506.
| 8 Apr 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 149.7 | 377.002 % | £56,500 | £213,006 | £269,506 |
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 | 333.887 % | £188,646 | £245,146 |
| 3 Month Average | 335.421 % | £189,512 | £246,012 |
| 6 Month Average | 441.034 % | £249,184 | £305,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £144,438 | £140,000 | 10C PURBECK ROAD |
| 13 Oct 2023 | £235,345 | £230,000 | 186 DALE STREET |
| 25 Sep 2023 | £416,174 | £407,000 | 31A PURBECK ROAD |
| 13 Jan 2023 | £93,249 | £93,000 | BASEMENT FLAT 11 PURBECK ROAD |
| 14 Sep 2022 | £310,792 | £311,000 | 17 HILLCREST ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 14 Aug 2017. Using an estimated price of £269,506 means this house is valued at £2,750 per sq meter (£255 per sq foot).
The average size of a house on PURBECK ROAD is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Drugs | Unable to prosecute suspect | On or near Hillcrest Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hillcrest Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Purbeck Road |
| Jun 2024 | Anti-social behaviour | On or near Kingswood Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Kingswood Avenue |