£264,001
This estimated value is based upon the latest sale price for the house of £212,000 on 24 May 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £212,000 | 24 May 2019 |
| £155,000 | 29 May 2015 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 May 2019 the House Price Index for MEDWAY was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £212,000 results in an estimated price of approximately £264,001.
| 24 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £212,000 | £52,001 | £264,001 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 30.128 % | £63,870 | £275,870 |
| 3 Month Average | 20.214 % | £42,854 | £254,854 |
| 6 Month Average | 16.448 % | £34,869 | £246,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £159,914 | £155,000 | 26 ALBION ROAD |
| 1 Dec 2023 | £314,669 | £305,000 | 6 OPAL GREEN |
| 10 Nov 2023 | £225,730 | £220,000 | 23 ALBION ROAD |
| 9 Nov 2023 | £205,209 | £200,000 | 11 ALBION ROAD |
| 18 Sep 2023 | £265,861 | £260,000 | 15 ALBION ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 1 May 2014. Using an estimated price of £264,001 means this house is valued at £3,034 per sq meter (£281 per sq foot).
The average size of a house on PHOENIX ROAD is 94 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bulldog Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bulldog Road |
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Slade Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Slade Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Slade Close |