£263,280
This estimated value is based upon the latest sale price for the house of £200,000 on 31 Jan 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £200,000 | 31 Jan 2017 |
| £151,000 | 10 Jun 2005 |
| £79,995 | 7 Sep 2001 |
| £54,000 | 1 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 January 2017 the House Price Index for MEDWAY was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £200,000 results in an estimated price of approximately £263,280.
| 31 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £200,000 | £63,280 | £263,280 |
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 | 17.559 % | £35,118 | £235,118 |
| 3 Month Average | 15.798 % | £31,596 | £231,596 |
| 6 Month Average | 21.011 % | £42,022 | £242,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £252,190 | £250,000 | 20 MILBURN ROAD |
| 29 Sep 2023 | £235,184 | £230,000 | 90 RICHMOND ROAD |
| 20 Feb 2023 | £246,648 | £245,000 | 48 SIDNEY ROAD |
| 25 Nov 2022 | £164,232 | £165,000 | 132A RICHMOND ROAD |
| 25 Aug 2022 | £261,221 | £260,000 | 8 CLIFTON ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 23 Jul 2021. Using an estimated price of £263,280 means this house is valued at £2,329 per sq meter (£216 per sq foot).
The average size of a house on MILBURN ROAD is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Clifton Road | |
| Aug 2024 | Anti-social behaviour | On or near Clifton Road | |
| Aug 2024 | Anti-social behaviour | On or near Clifton Road | |
| Jul 2024 | Anti-social behaviour | On or near Clifton Road | |
| Jul 2024 | Anti-social behaviour | On or near Clifton Road |