£301,652
This estimated value is based upon the latest sale price for the house of £160,000 on 3 Feb 2005. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£160,000 | 3 Feb 2005 |
£140,000 | 9 Jul 2004 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,280 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 February 2005 the House Price Index for MEDWAY was 79.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 88.533%.Applying this 88.533% change to the original purchase price of £160,000 results in an estimated price of approximately £301,652.
3 Feb 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.4 | 149.7 | 88.533 % | £160,000 | £141,652 | £301,652 |
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 | 103.626 % | £165,801 | £325,801 |
3 Month Average | 93.625 % | £149,799 | £309,799 |
6 Month Average | 99.163 % | £158,660 | £318,660 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £1,053,217 | £1,030,000 | OLD ASH TREE RAINHAM ROAD |
1 Sep 2023 | £434,580 | £425,000 | 24 STUART ROAD |
23 Aug 2023 | £356,429 | £350,000 | 382 CANTERBURY STREET |
27 Feb 2023 | £161,076 | £160,000 | TOP FLAT 8B STUART ROAD |
6 Sep 2022 | £354,763 | £355,000 | 1 CHESTER ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 19 Jun 2018. Using an estimated price of £301,652 means this house is valued at £2,534 per sq meter (£235 per sq foot).
The average size of a house on CROSLEY ROAD is 113 sq meters (1,226 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Crosley Road | |
Jul 2024 | Drugs | Under investigation | On or near Crosley Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crosley Road |
Jun 2024 | Theft from the person | Unable to prosecute suspect | On or near Crosley Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crosley Road |