£329,177
This estimated value is based upon the latest sale price for the house of £248,000 on 11 Nov 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £248,000 | 11 Nov 2016 |
| £150,000 | 13 Feb 2009 |
| £110,000 | 4 Dec 2002 |
| £76,000 | 28 Jul 2000 |
| £67,995 | 28 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2016 the House Price Index for MEDWAY was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £248,000 results in an estimated price of approximately £329,177.
| 11 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £248,000 | £81,177 | £329,177 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 17.341 % | £43,005 | £291,005 |
| 3 Month Average | 26.733 % | £66,298 | £314,298 |
| 6 Month Average | 21.265 % | £52,737 | £300,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2024 | £150,000 | £150,000 | 85 ARETHUSA ROAD |
| 15 Dec 2023 | £1,548 | £1,500 | 59 ORION ROAD |
| 28 Sep 2023 | £337,439 | £330,000 | 29 ORION ROAD |
| 20 Jun 2023 | £295,930 | £290,000 | 30 ORION ROAD |
| 9 Jun 2023 | £306,135 | £300,000 | 1 AJAX ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 9 Oct 2018. Using an estimated price of £329,178 means this house is valued at £3,783 per sq meter (£351 per sq foot).
The average size of a house on ORION ROAD is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Orion Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orion Road |
| Sep 2024 | Possession of weapons | Under investigation | On or near Orion Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Orion Road |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Orion Road |