£253,948
This estimated value is based upon the latest sale price for the house of £127,500 on 25 Jun 2004. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£127,500 | 25 Jun 2004 |
£127,500 | 25 Jun 2004 |
Terraced |
Freehold |
Floor Area: 42 sq meters or 452 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 June 2004 the House Price Index for MEDWAY was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £127,500 results in an estimated price of approximately £253,948.
25 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
75.2 | 149.7 | 99.175 % | £127,500 | £126,448 | £253,948 |
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 | 50.307 % | £64,141 | £191,641 |
3 Month Average | 65.764 % | £83,848 | £211,348 |
6 Month Average | 98.649 % | £125,777 | £253,277 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2023 | £144,099 | £141,500 | 245 FORT PITT STREET |
14 Apr 2023 | £210,181 | £206,250 | 102 FORT PITT STREET |
23 Feb 2023 | £105,706 | £105,000 | 265 FORT PITT STREET |
10 Feb 2023 | £339,266 | £337,000 | 4 CRESSEY COURT |
14 Nov 2022 | £306,069 | £307,500 | 12 BOUNDARY ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 25 Sep 2013. Using an estimated price of £253,949 means this house is valued at £6,046 per sq meter (£561 per sq foot).
The average size of a house on BOUNDARY ROAD is 97 sq meters (1,048 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Afghan Road | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Afghan Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Afghan Road |
May 2024 | Drugs | Awaiting court outcome | On or near Afghan Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Afghan Road |