£204,381
This estimated value is based upon the latest sale price for the house of £80,000 on 20 Dec 2002. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £80,000 | 20 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2002 the House Price Index for MEDWAY was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £80,000 results in an estimated price of approximately £204,381.
| 20 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 149.7 | 155.477 % | £80,000 | £124,381 | £204,381 |
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 | 129.377 % | £103,501 | £183,501 |
| 3 Month Average | 125.183 % | £100,146 | £180,146 |
| 6 Month Average | 134.726 % | £107,780 | £187,780 |
| 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 |
| 20 May 2022 | £290,057 | £282,500 | 115 ROCHESTER STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 23 Sep 2021. Using an estimated price of £204,382 means this house is valued at £2,462 per sq meter (£228 per sq foot).
The average size of a house on DALE STREET is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Dale Street |
| Aug 2024 | Public order | Local resolution | On or near Dale Street |
| Aug 2024 | Public order | Local resolution | On or near Dale Street |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dale Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dale Street |