£367,629
This estimated value is based upon the latest sale price for the house of £230,000 on 29 Jun 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£230,000 | 29 Jun 2007 |
Semi-Detached |
Freehold |
Floor Area: 141 sq meters or 1,517 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 2007 the House Price Index for MEDWAY was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £230,000 results in an estimated price of approximately £367,629.
29 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 149.7 | 59.839 % | £230,000 | £137,629 | £367,629 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 103.136 % | £237,212 | £467,212 |
3 Month Average | 72.512 % | £166,778 | £396,778 |
6 Month Average | 72.419 % | £166,563 | £396,563 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £386,980 | £380,000 | 28 SAVAGE ROAD |
30 Jun 2023 | £246,949 | £242,000 | 64 SAVAGE ROAD |
27 Mar 2023 | £264,416 | £260,000 | 50 SAVAGE ROAD |
9 Feb 2023 | £317,118 | £315,000 | 38 SAVAGE ROAD |
26 Jan 2023 | £340,911 | £340,000 | 11 SAVAGE ROAD |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 29 Nov 2016. Using an estimated price of £367,630 means this house is valued at £2,607 per sq meter (£242 per sq foot).
The average size of a house on SAVAGE ROAD is 64 sq meters (689 sq feet).
This house is the largest in the street with a floor area of 141 sq meters (1,517 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Savage Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Yard |
Jun 2024 | Violence and sexual offences | Under investigation | On or near The Yard |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Yard |
May 2024 | Burglary | Unable to prosecute suspect | On or near The Yard |