£131,215
This estimated value is based upon the latest sale price for the house of £131,663 on 19 Apr 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £131,663 | 19 Apr 2023 |
| £89,000 | 13 May 2002 |
| £52,000 | 17 Dec 1999 |
| £39,995 | 4 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 April 2023 the House Price Index for MEDWAY was 147.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.340%.Applying this -0.340% change to the original purchase price of £131,663 results in an estimated price of approximately £131,215.
| 19 Apr 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 146.7 | -0.340 % | £131,663 | £-447 | £131,215 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 7.771 % | £10,231 | £141,894 |
| 3 Month Average | -8.912 % | £-11,734 | £119,928 |
| 6 Month Average | -3.939 % | £-5,185 | £126,477 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 29 Sep 2015.
The average size of a house on CANTERBURY STREET is 79 sq meters (856 sq feet).