£174,214
This estimated value is based upon the latest sale price for the house of £112,509 on 24 Jun 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £112,509 | 24 Jun 2014 |
| £116,000 | 4 Aug 2006 |
| £105,000 | 21 Dec 2004 |
| £51,000 | 13 Nov 2000 |
| Flats/Maisonettes |
| Leasehold |
| 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 June 2014 the House Price Index for MEDWAY was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £112,509 results in an estimated price of approximately £174,214.
| 24 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £112,509 | £61,705 | £174,214 |
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 | 80.980 % | £91,109 | £203,618 |
| 3 Month Average | 81.270 % | £91,436 | £203,945 |
| 6 Month Average | 76.964 % | £86,591 | £199,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jul 2024 | £350,000 | £350,000 | 19 COOPER ROAD |
| 12 Apr 2024 | £358,110 | £355,000 | 62 MCKENZIE ROAD |
| 9 Oct 2023 | £342,785 | £335,000 | 9 HILLBOROUGH GROVE |
| 1 Sep 2023 | £296,537 | £290,000 | 110 SUNDRIDGE DRIVE |
| 23 Aug 2023 | £433,824 | £426,000 | 7 MCKENZIE ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 24 May 2012. Using an estimated price of £174,215 means this house is valued at £2,680 per sq meter (£249 per sq foot).
The average size of a house on MCKENZIE ROAD is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Hillborough Grove |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hillborough Grove |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hillborough Grove |
| Oct 2024 | Drugs | Investigation complete; no suspect identified | On or near Smith Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Smith Road |