£236,708
This estimated value is based upon the latest sale price for the house of £190,000 on 18 Apr 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £190,000 | 18 Apr 2019 |
| £70,000 | 16 May 2003 |
| £36,000 | 26 Jun 1998 |
| £30,000 | 14 Nov 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 2019 the House Price Index for MEDWAY was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £190,000 results in an estimated price of approximately £236,708.
| 18 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £190,000 | £46,708 | £236,708 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 4.931 % | £9,368 | £199,368 |
| 3 Month Average | 8.886 % | £16,883 | £206,883 |
| 6 Month Average | 19.832 % | £37,680 | £227,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £290,235 | £285,000 | 44 CHALKPIT HILL |
| 16 Aug 2023 | £189,416 | £186,000 | 9 LEOPOLD ROAD |
| 28 Apr 2023 | £275,146 | £270,000 | 12 CHALKPIT HILL |
| 30 Nov 2022 | £209,023 | £210,000 | 15 HILDA ROAD |
| 15 Jul 2022 | £251,015 | £248,500 | 17 CHALKPIT HILL |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 11 Mar 2013. Using an estimated price of £236,708 means this house is valued at £3,641 per sq meter (£338 per sq foot).
The average size of a house on CHALKPIT HILL is 78 sq meters (845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Leopold Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leopold Road |
| Apr 2024 | Anti-social behaviour | On or near Leopold Road | |
| Apr 2024 | Anti-social behaviour | On or near Leopold Road | |
| Apr 2024 | Anti-social behaviour | On or near Leopold Road |