£186,367
This estimated value is based upon the latest sale price for the house of £130,000 on 10 Jul 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £130,000 | 10 Jul 2015 |
| £123,000 | 18 Apr 2008 |
| £54,500 | 30 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 July 2015 the House Price Index for MEDWAY was 103.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 43.359%.Applying this 43.359% change to the original purchase price of £130,000 results in an estimated price of approximately £186,367.
| 10 Jul 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.0 | 43.359 % | £130,000 | £56,367 | £186,367 |
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 | 73.847 % | £96,000 | £226,000 |
| 3 Month Average | 60.637 % | £78,827 | £208,827 |
| 6 Month Average | 54.357 % | £70,664 | £200,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £193,664 | £190,000 | 26 STURLA ROAD |
| 31 Aug 2023 | £249,517 | £248,000 | 7 HOPE STREET |
| 25 Jan 2022 | £165,085 | £157,500 | 77 SALISBURY ROAD |
| 7 Jan 2022 | £188,669 | £180,000 | 6 STURLA ROAD |
| 28 Oct 2021 | £209,382 | £190,000 | 7 SALISBURY ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 3 Jul 2013. Using an estimated price of £186,367 means this house is valued at £1,921 per sq meter (£178 per sq foot).
The average size of a house on MILLS TERRACE is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Salisbury Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Salisbury Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Salisbury Road |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Salisbury Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Road |