£271,972
This estimated value is based upon the latest sale price for the house of £165,000 on 24 Oct 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£165,000 | 24 Oct 2013 |
£151,000 | 15 Oct 2010 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,048 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 2013 the House Price Index for MEDWAY was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £165,000 results in an estimated price of approximately £271,972.
24 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 149.7 | 64.832 % | £165,000 | £106,972 | £271,972 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 62.507 % | £103,136 | £268,136 |
3 Month Average | 66.508 % | £109,737 | £274,737 |
6 Month Average | 67.351 % | £111,129 | £276,129 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 May 2024 | £390,000 | £390,000 | 51 ELMFIELD |
12 Sep 2023 | £286,311 | £280,000 | 31 ELMFIELD |
16 Mar 2022 | £333,015 | £319,000 | 135 FEATHERBY ROAD |
14 Jan 2022 | £339,263 | £320,000 | 185 FEATHERBY ROAD |
2 Dec 2021 | £363,727 | £337,000 | 132 FEATHERBY ROAD |
This house has a floor area of 97 sq meters or 1,048 sq feet when measured on 16 Jul 2009. Using an estimated price of £271,972 means this house is valued at £2,791 per sq meter (£259 per sq foot).
The average size of a house on CHILHAM ROAD is 87 sq meters (941 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Featherby Road |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Chilham Road |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elmfield |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sanctuary Road |
Aug 2024 | Other crime | Unable to prosecute suspect | On or near Sanctuary Road |