£158,131
This estimated value is based upon the latest sale price for the house of £128,000 on 14 Oct 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £128,000 | 14 Oct 2019 |
| £140,000 | 24 Mar 2016 |
| £113,000 | 3 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2019 the House Price Index for MEDWAY was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £128,000 results in an estimated price of approximately £158,131.
| 14 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £128,000 | £30,131 | £158,131 |
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 | 94.045 % | £120,377 | £248,377 |
| 3 Month Average | 6.890 % | £8,819 | £136,819 |
| 6 Month Average | 6.411 % | £8,206 | £136,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Feb 2023 | £234,567 | £233,000 | 21 WAGHORN STREET |
| 13 Jan 2023 | £135,362 | £135,000 | FLAT 1 13 WAGHORN STREET |
| 1 Jul 2022 | £217,176 | £215,000 | 85 CASTLE ROAD |
| 28 Jun 2022 | £214,587 | £210,000 | 74 CASTLE ROAD |
| 29 Nov 2021 | £212,456 | £195,000 | 22 GORDON ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 2 Sep 2019. Using an estimated price of £158,131 means this house is valued at £2,432 per sq meter (£226 per sq foot).
The average size of a house on GORDON ROAD is 67 sq meters (724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Waghorn Street |
| Jul 2024 | Anti-social behaviour | On or near Waghorn Street | |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Waghorn Street |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Waghorn Street |
| Jul 2024 | Anti-social behaviour | On or near Waghorn Street |