£317,472
This estimated value is based upon the latest sale price for the house of £267,000 on 31 Mar 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £267,000 | 31 Mar 2020 |
| £165,000 | 30 Nov 2009 |
| £125,495 | 19 Sep 2003 |
| £125,495 | 19 Sep 2003 |
| £125,495 | 19 Sep 2003 |
| £125,495 | 19 Sep 2003 |
| £125,495 | 19 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 March 2020 the House Price Index for MEDWAY was 123.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.904%.Applying this 18.904% change to the original purchase price of £267,000 results in an estimated price of approximately £317,472.
| 31 Mar 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 146.7 | 18.904 % | £267,000 | £50,472 | £317,472 |
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 | -0.952 % | £-2,541 | £264,458 |
| 3 Month Average | -2.113 % | £-5,642 | £261,357 |
| 6 Month Average | 8.612 % | £22,994 | £289,994 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 17 Jan 2020.
The average size of a house on SOUTHWARK ROAD is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portsmouth Close |
| Jan 2024 | Anti-social behaviour | On or near Coventry Close | |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Coventry Close |
| Jan 2024 | Anti-social behaviour | On or near Coventry Close | |
| Jan 2024 | Anti-social behaviour | On or near Coventry Close |