£193,611
This estimated value is based upon the latest sale price for the house of £113,000 on 11 Mar 2011. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £113,000 | 11 Mar 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 791 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 March 2011 the House Price Index for MEDWAY was 86.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 71.337%.Applying this 71.337% change to the original purchase price of £113,000 results in an estimated price of approximately £193,611.
| 11 Mar 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.0 | 71.337 % | £113,000 | £80,611 | £193,611 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 113.211 % | £127,928 | £240,928 |
| 3 Month Average | 110.817 % | £125,222 | £238,222 |
| 6 Month Average | 97.698 % | £110,398 | £223,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £289,741 | £287,000 | 174 FEATHERBY ROAD |
| 31 Mar 2023 | £261,413 | £260,000 | 232 BROADWAY |
| 27 Feb 2023 | £293,611 | £295,000 | 133 BROADWAY |
| 5 Jan 2023 | £312,257 | £315,000 | 256 BROADWAY |
| 11 Aug 2022 | £285,074 | £287,000 | 173 BROADWAY |
This house has a floor area of 73 sq meters or 791 sq feet when measured on 30 Jun 2011. Using an estimated price of £193,611 means this house is valued at £2,634 per sq meter (£244 per sq foot).
The average size of a house on BROADWAY is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadway |
| Mar 2024 | Public order | Local resolution | On or near Broadway |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadway |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadway |
| Apr 2024 | Public order | Under investigation | On or near Featherby Road |