£198,999
This estimated value is based upon the latest sale price for the house of £135,000 on 31 Mar 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £135,000 | 31 Mar 2015 |
| £85,500 | 23 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2015 the House Price Index for MEDWAY was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £135,000 results in an estimated price of approximately £198,999.
| 31 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £135,000 | £63,999 | £198,999 |
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 | 28.859 % | £38,959 | £173,959 |
| 3 Month Average | 39.917 % | £53,887 | £188,887 |
| 6 Month Average | 55.032 % | £74,293 | £209,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £208,651 | £205,000 | 158 SAUNDERS STREET |
| 25 Jul 2023 | £304,093 | £300,000 | 64 MILL ROAD |
| 15 Jun 2023 | £116,410 | £115,000 | 81A SAUNDERS STREET |
| 9 Jun 2023 | £175,121 | £173,000 | 53 MILL ROAD |
| 5 Apr 2023 | £227,449 | £225,000 | 117 SAUNDERS STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 3 Jun 2014. Using an estimated price of £198,999 means this house is valued at £3,209 per sq meter (£298 per sq foot).
The average size of a house on MILL ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Action to be taken by another organisation | On or near Mill Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mill Road |
| Mar 2024 | Other crime | Action to be taken by another organisation | On or near Mill Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Mill Road |