£411,142
This estimated value is based upon the latest sale price for the house of £335,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £335,000 | 23 Nov 2018 |
| £170,995 | 26 Sep 2003 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 November 2018 the House Price Index for MEDWAY was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £335,000 results in an estimated price of approximately £411,142.
| 23 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £335,000 | £76,142 | £411,142 |
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 | 3.227 % | £10,808 | £345,808 |
| 3 Month Average | 21.208 % | £71,045 | £406,045 |
| 6 Month Average | 21.888 % | £73,323 | £408,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £237,244 | £235,000 | 145 GLENCOE ROAD |
| 14 Apr 2023 | £332,471 | £330,000 | 53 DIANA ROAD |
| 11 Jan 2023 | £352,900 | £356,000 | 7 MARK STREET |
| 2 Sep 2021 | £289,775 | £270,000 | 26 RUTH STREET |
| 11 Aug 2021 | £266,611 | £239,950 | 2 MARK STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 11 May 2018. Using an estimated price of £411,142 means this house is valued at £4,282 per sq meter (£397 per sq foot).
The average size of a house on MARK STREET is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mark Street |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Mark Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mark Street |
| Mar 2024 | Anti-social behaviour | On or near Mark Street | |
| Mar 2024 | Anti-social behaviour | On or near Mark Street |