£231,338
This estimated value is based upon the latest sale price for the house of £53,500 on 24 Aug 1999. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £53,500 | 24 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 August 1999 the House Price Index for MEDWAY was 34.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 332.409%.Applying this 332.409% change to the original purchase price of £53,500 results in an estimated price of approximately £231,338.
| 24 Aug 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 149.7 | 332.409 % | £53,500 | £177,838 | £231,338 |
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 | 354.793 % | £189,814 | £243,314 |
| 3 Month Average | 357.624 % | £191,328 | £244,828 |
| 6 Month Average | 373.973 % | £200,075 | £253,575 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £203,121 | £200,000 | 4 WEST STREET |
| 26 Mar 2024 | £258,979 | £255,000 | 15 KINGSWOOD ROAD |
| 25 Sep 2023 | £214,734 | £210,000 | 10 WEST STREET |
| 25 Sep 2023 | £235,184 | £230,000 | 15 WEST STREET |
| 31 Jan 2023 | £210,563 | £210,000 | 20 KINGSWOOD ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 25 Apr 2012. Using an estimated price of £231,339 means this house is valued at £2,599 per sq meter (£241 per sq foot).
The average size of a house on KINGSWOOD ROAD is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near West Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Street |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near West Street |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near West Street |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Street |