£334,135
This estimated value is based upon the latest sale price for the house of £74,000 on 10 Mar 1999. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £74,000 | 10 Mar 1999 |
| £45,000 | 24 Feb 1995 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 1999 the House Price Index for MEDWAY was 33.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 351.534%.Applying this 351.534% change to the original purchase price of £74,000 results in an estimated price of approximately £334,135.
| 10 Mar 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 149.7 | 351.534 % | £74,000 | £260,135 | £334,135 |
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 | 322.593 % | £238,719 | £312,719 |
| 3 Month Average | 358.526 % | £265,309 | £339,309 |
| 6 Month Average | 387.249 % | £286,564 | £360,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £240,461 | £235,000 | 32 GORDON ROAD |
| 26 Sep 2023 | £259,725 | £254,000 | 30 GORDON ROAD |
| 30 Aug 2022 | £243,137 | £242,000 | 29 LIVINGSTONE ROAD |
| 12 Aug 2022 | £239,118 | £238,000 | 65 GORDON ROAD |
| 29 Apr 2022 | £303,965 | £293,000 | 11 GORDON ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 22 Oct 2015. Using an estimated price of £334,135 means this house is valued at £3,065 per sq meter (£284 per sq foot).
The average size of a house on LIVINGSTONE ROAD is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Investigation complete; no suspect identified | On or near Beaconsfield Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beaconsfield Avenue |
| Oct 2024 | Drugs | Investigation complete; no suspect identified | On or near Priestfield Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Priestfield Road |
| Oct 2024 | Burglary | Under investigation | On or near Priestfield Road |