£241,457
This estimated value is based upon the latest sale price for the house of £180,000 on 7 Jul 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £180,000 | 7 Jul 2016 |
| £105,000 | 22 Apr 2005 |
| £37,250 | 30 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2016 the House Price Index for MEDWAY was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £180,000 results in an estimated price of approximately £241,457.
| 7 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £180,000 | £61,457 | £241,457 |
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 | 32.353 % | £58,235 | £238,235 |
| 3 Month Average | 28.047 % | £50,484 | £230,484 |
| 6 Month Average | 37.624 % | £67,723 | £247,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £142,000 | £142,000 | 45 EAST STREET |
| 18 Mar 2024 | £168,590 | £166,000 | 28A EAST STREET |
| 15 Dec 2023 | £196,023 | £190,000 | 26 STURLA ROAD |
| 27 Sep 2023 | £209,621 | £205,000 | 58 MELBOURNE ROAD |
| 31 Aug 2023 | £252,555 | £248,000 | 7 HOPE STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 1 Feb 2016. Using an estimated price of £241,458 means this house is valued at £3,219 per sq meter (£299 per sq foot).
The average size of a house on HOPE STREET is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near East Street |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near East Street |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near East Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near East Street |