£302,048
This estimated value is based upon the latest sale price for the house of £157,000 on 17 Sep 2004. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £157,000 | 17 Sep 2004 |
| £99,000 | 28 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 September 2004 the House Price Index for MEDWAY was 77.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 92.387%.Applying this 92.387% change to the original purchase price of £157,000 results in an estimated price of approximately £302,048.
| 17 Sep 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 149.7 | 92.387 % | £157,000 | £145,048 | £302,048 |
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 | 135.138 % | £212,166 | £369,166 |
| 3 Month Average | 122.444 % | £192,237 | £349,237 |
| 6 Month Average | 108.498 % | £170,341 | £327,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £320,000 | £320,000 | 154 KING GEORGE ROAD |
| 25 Mar 2024 | £223,433 | £220,000 | 148 KING GEORGE ROAD |
| 25 Aug 2023 | £361,520 | £355,000 | 6 HURSTWOOD |
| 30 Jun 2023 | £234,703 | £230,000 | 54 HURSTWOOD |
| 24 Feb 2023 | £393,629 | £391,000 | 22 HURSTWOOD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 29 Jul 2021. Using an estimated price of £302,048 means this house is valued at £2,796 per sq meter (£259 per sq foot).
The average size of a house on HURSTWOOD is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Hurstwood |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holland Road |
| Oct 2024 | Anti-social behaviour | On or near Holland Road | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Woodhurst |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodhurst |