£183,006
This estimated value is based upon the latest sale price for the house of £53,000 on 30 May 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£53,000 | 30 May 2001 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 May 2001 the House Price Index for MEDWAY was 43.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 245.295%.Applying this 245.295% change to the original purchase price of £53,000 results in an estimated price of approximately £183,006.
30 May 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.4 | 149.7 | 245.295 % | £53,000 | £130,006 | £183,006 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 169.669 % | £89,924 | £142,924 |
3 Month Average | 170.627 % | £90,432 | £143,432 |
6 Month Average | 228.687 % | £121,203 | £174,203 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £269,850 | £263,000 | 87 HARTINGTON STREET |
14 Sep 2023 | £262,793 | £257,000 | 37 PROSPECT ROW |
21 Apr 2023 | £173,240 | £170,000 | 30 CROMWELL TERRACE |
21 Mar 2023 | £203,397 | £200,000 | 34 HARTINGTON STREET |
18 Nov 2022 | £263,767 | £265,000 | 47 HARTINGTON STREET |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 5 Oct 2016. Using an estimated price of £183,006 means this house is valued at £1,776 per sq meter (£165 per sq foot).
The average size of a house on PROSPECT ROW is 104 sq meters (1,129 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Cromwell Terrace | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Terrace |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Terrace |
Jun 2024 | Anti-social behaviour | On or near Cromwell Terrace | |
Jun 2024 | Anti-social behaviour | On or near Cromwell Terrace |