£197,274
This estimated value is based upon the latest sale price for the house of £172,500 on 5 Feb 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £172,500 | 5 Feb 2021 |
| £81,000 | 20 Aug 2010 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 February 2021 the House Price Index for MEDWAY was 130.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.362%.Applying this 14.362% change to the original purchase price of £172,500 results in an estimated price of approximately £197,274.
| 5 Feb 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.9 | 149.7 | 14.362 % | £172,500 | £24,774 | £197,274 |
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 | -6.898 % | £-11,899 | £160,600 |
| 3 Month Average | 4.784 % | £8,252 | £180,752 |
| 6 Month Average | 5.603 % | £9,664 | £182,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £283,718 | £275,000 | 72 CHATHAM HILL |
| 27 Oct 2023 | £194,416 | £190,000 | 9 WHITEHORSE HILL |
| 23 Aug 2023 | £264,775 | £260,000 | 90 THOROLD ROAD |
| 2 Aug 2023 | £198,582 | £195,000 | 5 WHITEHORSE HILL |
| 22 Jun 2023 | £244,908 | £240,000 | 50 SEYMOUR ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 Jul 2010. Using an estimated price of £197,275 means this house is valued at £3,127 per sq meter (£290 per sq foot).
The average size of a house on WHITEHORSE HILL is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitehorse Hill |
| Jul 2024 | Anti-social behaviour | On or near Whitehorse Hill | |
| Jul 2024 | Anti-social behaviour | On or near Whitehorse Hill | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitehorse Hill |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Whitehorse Hill |