£290,828
This estimated value is based upon the latest sale price for the house of £285,000 on 27 Jun 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£285,000 | 27 Jun 2023 |
£208,000 | 1 Feb 2016 |
£139,000 | 6 May 2014 |
£143,000 | 6 Dec 2005 |
£63,000 | 26 Apr 2001 |
£59,000 | 22 Jan 1998 |
£32,500 | 15 Sep 1997 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,121 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 2023 the House Price Index for MEDWAY was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £285,000 results in an estimated price of approximately £290,828.
27 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £285,000 | £5,828 | £290,828 |
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 | -15.256 % | £-43,479 | £241,520 |
3 Month Average | -4.960 % | £-14,136 | £270,863 |
6 Month Average | -4.332 % | £-12,346 | £272,653 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £161,402 | £160,000 | UPPER FLAT 28 LINDEN ROAD |
12 Oct 2023 | £286,507 | £280,000 | 24 PRIESTFIELD ROAD |
27 Jun 2023 | £290,828 | £285,000 | 29 FERNDALE ROAD |
23 Jun 2023 | £244,908 | £240,000 | 36 PRIESTFIELD ROAD |
17 Mar 2023 | £317,299 | £312,000 | 74 PRIESTFIELD ROAD |
This house has a floor area of 104 sq meters or 1,121 sq feet when measured on 24 Mar 2011. Using an estimated price of £290,828 means this house is valued at £2,790 per sq meter (£259 per sq foot).
The average size of a house on FERNDALE ROAD is 98 sq meters (1,058 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ferndale Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ferndale Road |
Jul 2024 | Anti-social behaviour | On or near Ferndale Road | |
Jul 2024 | Anti-social behaviour | On or near Ferndale Road | |
Jul 2024 | Anti-social behaviour | On or near Ferndale Road |