£504,045
This estimated value is based upon the latest sale price for the house of £430,000 on 30 Sep 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £430,000 | 30 Sep 2020 |
| £110,000 | 10 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 September 2020 the House Price Index for MEDWAY was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £430,000 results in an estimated price of approximately £504,045.
| 30 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 146.7 | 17.220 % | £430,000 | £74,045 | £504,045 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | 13.829 % | £59,462 | £489,462 |
| 3 Month Average | 3.772 % | £16,220 | £446,220 |
| 6 Month Average | 12.347 % | £53,090 | £483,090 |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 8 Nov 2017.
The average size of a house on SWALE ROAD is 93 sq meters (1,008 sq feet).
This house is the largest in the street with a floor area of 130 sq meters (1,399 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stangate Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stangate Road |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Stangate Road |
| Feb 2024 | Anti-social behaviour | On or near Parkfields | |
| Feb 2024 | Anti-social behaviour | On or near Parkfields |