£156,698
This estimated value is based upon the latest sale price for the house of £90,000 on 8 Dec 2009. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £90,000 | 8 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 808 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 December 2009 the House Price Index for MEDWAY was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £90,000 results in an estimated price of approximately £156,698.
| 8 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £90,000 | £66,698 | £156,698 |
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 | 46.152 % | £41,536 | £131,536 |
| 3 Month Average | 57.996 % | £52,196 | £142,196 |
| 6 Month Average | 84.518 % | £76,066 | £166,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £116,000 | £116,000 | 9 COBDEN ROAD |
| 13 Oct 2023 | £230,229 | £225,000 | 25 COBDEN ROAD |
| 18 Sep 2023 | £255,635 | £250,000 | 2 COBDEN ROAD |
| 21 Apr 2023 | £229,289 | £225,000 | 5 LEONARD ROAD |
| 21 Nov 2022 | £213,999 | £215,000 | 27 REFORM ROAD |
This house has a floor area of 75 sq meters or 808 sq feet when measured on 3 Feb 2010. Using an estimated price of £156,698 means this house is valued at £2,087 per sq meter (£193 per sq foot).
The average size of a house on COBDEN ROAD is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Chamberlain Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chamberlain Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Chamberlain Road |
| Jun 2024 | Public order | Awaiting court outcome | On or near Chamberlain Road |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Chamberlain Road |