£234,566
This estimated value is based upon the latest sale price for the house of £233,000 on 1 Feb 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£233,000 | 1 Feb 2023 |
£175,000 | 10 May 2019 |
£95,000 | 24 Feb 2005 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 February 2023 the House Price Index for MEDWAY was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £233,000 results in an estimated price of approximately £234,566.
1 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £233,000 | £1,566 | £234,566 |
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 | -2.368 % | £-5,517 | £227,482 |
3 Month Average | -9.387 % | £-21,871 | £211,128 |
6 Month Average | -7.977 % | £-18,587 | £214,412 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Feb 2023 | £234,567 | £233,000 | 21 WAGHORN STREET |
13 Jan 2023 | £135,362 | £135,000 | FLAT 1 13 WAGHORN STREET |
18 Feb 2022 | £223,969 | £212,000 | 51 GORDON ROAD |
29 Nov 2021 | £212,456 | £195,000 | 22 GORDON ROAD |
1 Jun 2021 | £183,747 | £170,000 | 6 GORDON ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 17 Jan 2019. Using an estimated price of £234,567 means this house is valued at £3,399 per sq meter (£315 per sq foot).
The average size of a house on WAGHORN STREET is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Under investigation | On or near Waghorn Street |
Jul 2024 | Anti-social behaviour | On or near Waghorn Street | |
Jul 2024 | Anti-social behaviour | On or near Waghorn Street | |
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Waghorn Street |
Jul 2024 | Anti-social behaviour | On or near Waghorn Street |