£208,606
This estimated value is based upon the latest sale price for the house of £123,500 on 31 Oct 2006. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£123,500 | 31 Oct 2006 |
£65,000 | 1 Mar 2002 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 October 2006 the House Price Index for MEDWAY was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £123,500 results in an estimated price of approximately £208,606.
31 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 148.6 | 68.912 % | £123,500 | £85,106 | £208,606 |
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 | 63.960 % | £78,990 | £202,490 |
3 Month Average | 62.452 % | £77,127 | £200,627 |
6 Month Average | 81.121 % | £100,185 | £223,685 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £216,897 | £215,000 | 5 BURNT OAK TERRACE |
15 Aug 2022 | £259,302 | £260,000 | 10 SAUNDERS STREET |
11 Aug 2022 | £143,613 | £144,000 | 2 SAUNDERS STREET |
30 Jun 2022 | £182,580 | £180,000 | 16 BURNT OAK TERRACE |
6 Jun 2022 | £86,218 | £85,000 | FLAT 4 1 RICHMOND ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 25 Sep 2013. Using an estimated price of £208,607 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on BURNT OAK TERRACE is 78 sq meters (840 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Chatsworth Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Chatsworth Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Chatsworth Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Chatsworth Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Chatsworth Road |