£221,760
This estimated value is based upon the latest sale price for the house of £89,000 on 6 Jan 2003. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £89,000 | 6 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 January 2003 the House Price Index for MEDWAY was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £89,000 results in an estimated price of approximately £221,760.
| 6 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £89,000 | £132,760 | £221,760 |
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 | 133.820 % | £119,099 | £208,099 |
| 3 Month Average | 155.826 % | £138,685 | £227,685 |
| 6 Month Average | 132.017 % | £117,495 | £206,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £299,194 | £290,000 | 17 PILOT ROAD |
| 2 Jun 2023 | £295,930 | £290,000 | 68 PENNANT ROAD |
| 13 Jan 2023 | £240,643 | £240,000 | 50 PENNANT ROAD |
| 6 Jan 2023 | £338,404 | £337,500 | 7 PILOT ROAD |
| 28 Jun 2022 | £309,618 | £303,000 | 193 WARREN WOOD ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 23 Jan 2017. Using an estimated price of £221,761 means this house is valued at £3,213 per sq meter (£298 per sq foot).
The average size of a house on THE TIDEWAY is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Galleon Close |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pennant Road |