£205,852
This estimated value is based upon the latest sale price for the house of £128,000 on 16 Feb 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £128,000 | 16 Feb 2007 |
| £106,500 | 12 Jun 2003 |
| £85,000 | 7 Mar 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 February 2007 the House Price Index for MEDWAY was 91.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 60.823%.Applying this 60.823% change to the original purchase price of £128,000 results in an estimated price of approximately £205,852.
| 16 Feb 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 146.7 | 60.823 % | £128,000 | £77,852 | £205,852 |
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 | 72.964 % | £93,394 | £221,394 |
| 3 Month Average | 60.075 % | £76,896 | £204,896 |
| 6 Month Average | 74.892 % | £95,862 | £223,862 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 12 Jul 2021.
The average size of a house on KING EDWARD ROAD is 71 sq meters (769 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marble Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marble Close |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Marble Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Marble Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Road |