£231,322
This estimated value is based upon the latest sale price for the house of £117,000 on 18 Jun 2004. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£117,000 | 18 Jun 2004 |
£72,000 | 27 Apr 2001 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 581 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 June 2004 the House Price Index for MEDWAY was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £117,000 results in an estimated price of approximately £231,322.
18 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
75.2 | 148.6 | 97.712 % | £117,000 | £114,322 | £231,322 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 48.200 % | £56,394 | £173,394 |
3 Month Average | 69.436 % | £81,240 | £198,240 |
6 Month Average | 115.287 % | £134,885 | £251,885 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Aug 2023 | £332,912 | £330,000 | 67 CHRISTIE CLOSE |
29 Jun 2023 | £268,249 | £265,000 | 41 CHARLOTTE CLOSE |
9 Jun 2023 | £258,127 | £255,000 | 11 EMILY ROAD |
28 Apr 2023 | £251,963 | £249,250 | 23 CHARLOTTE CLOSE |
11 Apr 2023 | £233,514 | £231,000 | 8 CHARLOTTE CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 25 Oct 2021. Using an estimated price of £231,323 means this house is valued at £4,283 per sq meter (£397 per sq foot).
The average size of a house on EMILY ROAD is 65 sq meters (700 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Emily Road | |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Emily Road |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Emily Road |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Emily Road |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Emily Road |