£250,010
This estimated value is based upon the latest sale price for the house of £245,000 on 12 Jun 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £245,000 | 12 Jun 2023 |
| £132,000 | 19 Sep 2012 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 £245,000 results in an estimated price of approximately £250,010.
| 12 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £245,000 | £5,010 | £250,010 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | -29.160 % | £-71,441 | £173,558 |
| 3 Month Average | 6.538 % | £16,018 | £261,018 |
| 6 Month Average | -1.470 % | £-3,600 | £241,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £243,998 | £236,500 | 108 GORDON ROAD |
| 1 Dec 2023 | £335,303 | £325,000 | 27 CAMBRIDGE ROAD |
| 30 Nov 2023 | £256,511 | £250,000 | 96 GORDON ROAD |
| 25 Oct 2023 | £286,507 | £280,000 | 92 GORDON ROAD |
| 12 Jun 2023 | £250,010 | £245,000 | 32 CAMBRIDGE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 10 May 2012. Using an estimated price of £250,010 means this house is valued at £3,333 per sq meter (£309 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cambridge Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Road |