£609,076
This estimated value is based upon the latest sale price for the house of £500,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£500,000 | 31 Jul 2020 |
Terraced |
Freehold |
Floor Area: 182 sq meters or 1,959 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 July 2020 the House Price Index for MEDWAY was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £500,000 results in an estimated price of approximately £609,076.
31 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £500,000 | £109,076 | £609,076 |
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 | -76.179 % | £-380,894 | £119,105 |
3 Month Average | -7.537 % | £-37,685 | £462,314 |
6 Month Average | 6.477 % | £32,384 | £532,384 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £225,464 | £222,000 | 5 BROMPTON HILL |
11 Mar 2024 | £330,071 | £325,000 | 33 KHARTOUM PARADE |
29 Jun 2023 | £250,010 | £245,000 | 7 COMMISSIONERS COURT NEW STAIRS |
7 Jun 2023 | £265,317 | £260,000 | 9 BROMPTON HILL |
3 Apr 2023 | £183,431 | £180,000 | 198 MELVILLE COURT |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 16 Jun 2020. Using an estimated price of £609,077 means this house is valued at £3,346 per sq meter (£310 per sq foot).
The average size of a house on EARL KITCHENER VIEW is 274 sq meters (2,949 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Greenwell Rise | |
Jun 2024 | Anti-social behaviour | On or near Greenwell Rise | |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greenwell Rise |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Greenwell Rise |
Jul 2024 | Shoplifting | Under investigation | On or near Dock Road |