£203,120
This estimated value is based upon the latest sale price for the house of £200,000 on 28 Mar 2024. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £200,000 | 28 Mar 2024 |
| £170,000 | 29 Mar 2019 |
| £165,000 | 10 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 March 2024 the House Price Index for MEDWAY was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £200,000 results in an estimated price of approximately £203,120.
| 28 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £200,000 | £3,120 | £203,120 |
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 | -2.686 % | £-5,371 | £194,628 |
| 3 Month Average | 3.242 % | £6,483 | £206,483 |
| 6 Month Average | -2.172 % | £-4,343 | £195,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £203,121 | £200,000 | 4 WEST STREET |
| 25 Sep 2023 | £235,184 | £230,000 | 15 WEST STREET |
| 25 Sep 2023 | £214,734 | £210,000 | 10 WEST STREET |
| 4 Apr 2023 | £234,384 | £230,000 | 123 VICTORIA STREET |
| 3 Nov 2022 | £746,509 | £750,000 | PEAR TREE HOUSE, 68 WEST STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 19 Apr 2016. Using an estimated price of £203,121 means this house is valued at £3,329 per sq meter (£309 per sq foot).
The average size of a house on WEST STREET is 68 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Crown Street |
| Oct 2024 | Anti-social behaviour | On or near Crown Street | |
| Sep 2024 | Public order | Awaiting court outcome | On or near Crown Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crown Street |
| Aug 2024 | Anti-social behaviour | On or near Crown Street |