£181,896
This estimated value is based upon the latest sale price for the house of £110,000 on 30 Aug 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Sorrell Road
More crime details
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Price Paid | Date |
---|---|
£110,000 | 30 Aug 2013 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 2013 the House Price Index for MEDWAY was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £110,000 results in an estimated price of approximately £181,896.
30 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 148.6 | 65.360 % | £110,000 | £71,896 | £181,896 |
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 | 33.047 % | £36,351 | £146,351 |
3 Month Average | 47.490 % | £52,239 | £162,239 |
6 Month Average | 87.117 % | £95,829 | £205,829 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £645,648 | £640,000 | 65 KING GEORGE ROAD |
29 Jun 2023 | £281,409 | £278,000 | 95 HARPTREE DRIVE |
28 Apr 2023 | £212,286 | £210,000 | 18 GORSE AVENUE |
23 Mar 2023 | £247,330 | £245,000 | 10 ROSEMARY CLOSE |
17 Mar 2023 | £267,520 | £265,000 | 3 BRENT CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 29 Jan 2014. Using an estimated price of £181,896 means this house is valued at £2,245 per sq meter (£208 per sq foot).
The average size of a house on GORSE AVENUE is 80 sq meters (867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Sorrell Road |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sorrell Road |
Feb 2024 | Violence and sexual offences | Local resolution | On or near Sorrell Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sorrell Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sorrell Road |