£238,348
This estimated value is based upon the latest sale price for the house of £184,660 on 29 Jun 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £184,660 | 29 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 2017 the House Price Index for MEDWAY was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £184,660 results in an estimated price of approximately £238,348.
| 29 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £184,660 | £53,688 | £238,348 |
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 | -4.369 % | £-8,067 | £176,592 |
| 3 Month Average | 11.353 % | £20,963 | £205,623 |
| 6 Month Average | 20.771 % | £38,355 | £223,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Oct 2024 | £280,000 | £280,000 | 79 ST MARYS ROAD |
| 5 Apr 2024 | £252,190 | £250,000 | 20 MILBURN ROAD |
| 2 Oct 2023 | £306,972 | £300,000 | 58 MILBURN ROAD |
| 22 Sep 2023 | £230,072 | £225,000 | 66 ST MARYS ROAD |
| 23 Mar 2023 | £230,855 | £227,000 | 25 SIDNEY ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 1 Mar 2017. Using an estimated price of £238,348 means this house is valued at £3,055 per sq meter (£283 per sq foot).
The average size of a house on MILBURN ROAD is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Milburn Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milburn Road |
| Aug 2024 | Anti-social behaviour | On or near Clifton Road | |
| Aug 2024 | Anti-social behaviour | On or near Clifton Road | |
| Aug 2024 | Anti-social behaviour | On or near Clifton Road |