£329,340
This estimated value is based upon the latest sale price for the house of £222,500 on 10 Apr 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £222,500 | 10 Apr 2015 |
| Detached |
| 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 April 2015 the House Price Index for MEDWAY was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £222,500 results in an estimated price of approximately £329,340.
| 10 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £222,500 | £106,840 | £329,340 |
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 | 44.109 % | £98,142 | £320,642 |
| 3 Month Average | 62.494 % | £139,048 | £361,548 |
| 6 Month Average | 62.059 % | £138,080 | £360,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2023 | £334,599 | £327,000 | 180 FEATHERBY ROAD |
| 6 Sep 2023 | £259,725 | £254,000 | 207 BROADWAY |
| 31 Mar 2023 | £264,416 | £260,000 | 232 BROADWAY |
| 8 Mar 2023 | £7,780 | £7,650 | 2 ALLINGTON ROAD |
| 27 Feb 2023 | £296,984 | £295,000 | 133 BROADWAY |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 23 Jan 2013. Using an estimated price of £329,340 means this house is valued at £3,967 per sq meter (£368 per sq foot).
The average size of a house on BROADWAY is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadway |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadway |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Featherby Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Featherby Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Featherby Road |