£181,777
This estimated value is based upon the latest sale price for the house of £39,250 on 30 Oct 1998. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£39,250 | 30 Oct 1998 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 October 1998 the House Price Index for MEDWAY was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £39,250 results in an estimated price of approximately £181,777.
30 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 148.6 | 363.127 % | £39,250 | £142,527 | £181,777 |
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 | 258.084 % | £101,297 | £140,547 |
3 Month Average | 299.889 % | £117,706 | £156,956 |
6 Month Average | 387.549 % | £152,112 | £191,362 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Apr 2023 | £174,883 | £173,000 | 58 THOROLD ROAD |
8 Mar 2023 | £232,188 | £230,000 | 71 THOROLD ROAD |
24 Jan 2023 | £197,072 | £198,000 | 69 THOROLD ROAD |
21 Jul 2022 | £257,694 | £257,000 | 36 THOROLD ROAD |
25 Feb 2022 | £211,312 | £201,500 | 21 THOROLD ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 22 Jul 2021. Using an estimated price of £181,777 means this house is valued at £2,754 per sq meter (£255 per sq foot).
The average size of a house on THOROLD ROAD is 78 sq meters (846 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A2 |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near A2 |
Mar 2024 | Anti-social behaviour | On or near A2 | |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near A2 |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mount Pleasant |