£143,033
This estimated value is based upon the latest sale price for the house of £144,000 on 11 Aug 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £144,000 | 11 Aug 2022 |
| £144,000 | 11 Aug 2022 |
| £111,000 | 27 Sep 2007 |
| £103,000 | 26 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 August 2022 the House Price Index for MEDWAY was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £144,000 results in an estimated price of approximately £143,033.
| 11 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £144,000 | £-966 | £143,033 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | -20.979 % | £-30,209 | £113,790 |
| 3 Month Average | -9.780 % | £-14,082 | £129,917 |
| 6 Month Average | -3.249 % | £-4,678 | £139,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £216,315 | £215,000 | 5 BURNT OAK TERRACE |
| 14 Jul 2023 | £247,340 | £245,000 | 81 KING STREET |
| 11 Aug 2022 | £143,034 | £144,000 | 2 SAUNDERS STREET |
| 30 Jun 2022 | £181,843 | £180,000 | 16 BURNT OAK TERRACE |
| 14 Apr 2022 | £258,462 | £252,000 | 21 BURNT OAK TERRACE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 24 Sep 2019. Using an estimated price of £143,034 means this house is valued at £2,424 per sq meter (£225 per sq foot).
The average size of a house on SAUNDERS STREET is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Otway Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Otway Street |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Otway Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Otway Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Otway Street |