£153,288
This estimated value is based upon the latest sale price for the house of £90,000 on 14 Sep 2006. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £90,000 | 14 Sep 2006 |
| £136,500 | 14 Sep 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 September 2006 the House Price Index for MEDWAY was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £90,000 results in an estimated price of approximately £153,288.
| 14 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £90,000 | £63,288 | £153,288 |
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 | 60.958 % | £54,862 | £144,862 |
| 3 Month Average | 63.721 % | £57,349 | £147,349 |
| 6 Month Average | 81.961 % | £73,764 | £163,764 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £130,404 | £129,000 | FLAT 5 ALEESHA HOUSE, 21 RAILWAY STREET |
| 24 Mar 2023 | £373,519 | £370,000 | 40 BALMORAL ROAD |
| 24 Jan 2023 | £407,082 | £409,000 | 23 RAILWAY STREET |
| 24 Oct 2022 | £183,029 | £185,000 | 2A OSBORNE ROAD |
| 29 Jul 2022 | £373,004 | £372,000 | 4 DUNCAN ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 13 Aug 2018. Using an estimated price of £153,289 means this house is valued at £3,564 per sq meter (£331 per sq foot).
The average size of a house on CONNAUGHT ROAD is 43 sq meters (469 sq feet).
This house is the largest in the street with a floor area of 43 sq meters (462 sq feet).