£427,479
This estimated value is based upon the latest sale price for the house of £350,000 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Casson Court
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| Price Paid | Date |
|---|---|
| £350,000 | 11 Oct 2019 |
| £325,000 | 6 Oct 2017 |
| £185,000 | 12 Sep 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £350,000 results in an estimated price of approximately £427,479.
| 11 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £350,000 | £77,479 | £427,479 |
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 | 25.091 % | £87,820 | £437,820 |
| 3 Month Average | 13.471 % | £47,147 | £397,147 |
| 6 Month Average | 13.873 % | £48,556 | £398,556 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £292,534 | £287,000 | 25 CHATHAM GROVE |
| 18 Aug 2023 | £504,065 | £501,000 | 24 PARK CRESCENT |
| 5 Aug 2022 | £278,121 | £280,000 | 184 MAGPIE HALL ROAD |
| 6 May 2022 | £249,712 | £246,000 | 18 CHATHAM GROVE |
| 4 Feb 2022 | £376,006 | £360,000 | 292 MAGPIE HALL ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 31 Dec 2014. Using an estimated price of £427,480 means this house is valued at £4,547 per sq meter (£422 per sq foot).
The average size of a house on MAGPIE HALL ROAD is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Casson Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Casson Court |