£7,691
This estimated value is based upon the latest sale price for the house of £7,650 on 8 Mar 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £7,650 | 8 Mar 2023 |
| £225,000 | 9 Sep 2019 |
| Freehold |
| Floor Area: 89 sq meters or 958 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 March 2023 the House Price Index for MEDWAY was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £7,650 results in an estimated price of approximately £7,691.
| 8 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £7,650 | £41 | £7,691 |
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 | 39.233 % | £3,001 | £10,651 |
| 3 Month Average | -11.667 % | £-892 | £6,757 |
| 6 Month Average | -6.439 % | £-492 | £7,157 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £289,741 | £287,000 | 174 FEATHERBY ROAD |
| 31 Mar 2023 | £261,413 | £260,000 | 232 BROADWAY |
| 8 Mar 2023 | £7,692 | £7,650 | 2 ALLINGTON ROAD |
| 5 Jan 2023 | £312,257 | £315,000 | 256 BROADWAY |
| 11 Nov 2022 | £299,149 | £304,000 | 198 FEATHERBY ROAD |
This house has a floor area of 89 sq meters or 958 sq feet when measured on 19 Jun 2010. Using an estimated price of £7,692 means this house is valued at £86 per sq meter (£8 per sq foot).
The average size of a house on ALLINGTON ROAD is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Featherby Road |
| Apr 2024 | Public order | Under investigation | On or near Featherby Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Featherby Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Featherby Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadway |