£697,777
This estimated value is based upon the latest sale price for the house of £628,000 on 13 Aug 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £628,000 | 13 Aug 2021 |
| £380,000 | 18 Dec 2017 |
| £275,000 | 21 Apr 2006 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,129 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 August 2021 the House Price Index for MEDWAY was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £628,000 results in an estimated price of approximately £697,777.
| 13 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £628,000 | £69,777 | £697,777 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 65.533 % | £411,550 | £1,039,550 |
| 3 Month Average | 5.719 % | £35,915 | £663,915 |
| 6 Month Average | 6.987 % | £43,877 | £671,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £457,784 | £455,000 | 5 HARTY AVENUE |
| 24 Mar 2023 | £410,217 | £408,000 | 18 GEORGIAN WAY |
| 24 Mar 2023 | £603,261 | £600,000 | 2 HARTY AVENUE |
| 24 Feb 2023 | £563,336 | £566,000 | 33 GRAIN ROAD |
| 13 Feb 2023 | £343,376 | £345,000 | 18 GRAIN ROAD |
This house has a floor area of 104 sq meters or 1,129 sq feet when measured on 15 Jun 2010. Using an estimated price of £697,778 means this house is valued at £6,651 per sq meter (£617 per sq foot).
The average size of a house on GRAIN ROAD is 129 sq meters (1,399 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melody Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grain Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harty Avenue |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Harty Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rutland Place |