£189,259
This estimated value is based upon the latest sale price for the house of £112,500 on 27 Oct 2006. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £112,500 | 27 Oct 2006 |
| £88,000 | 13 Jun 2003 |
| £38,000 | 28 Jul 2000 |
| 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 October 2006 the House Price Index for MEDWAY was 88.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.230%.Applying this 68.230% change to the original purchase price of £112,500 results in an estimated price of approximately £189,259.
| 27 Oct 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.0 | 68.230 % | £112,500 | £76,759 | £189,259 |
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 | 44.843 % | £50,447 | £162,947 |
| 3 Month Average | 84.647 % | £95,227 | £207,727 |
| 6 Month Average | 82.449 % | £92,754 | £205,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £191,423 | £190,000 | 51 GROVE ROAD |
| 31 Mar 2023 | £149,810 | £149,000 | 123 MAIDA ROAD |
| 3 Feb 2023 | £248,823 | £250,000 | 31 GROVE ROAD |
| 5 Aug 2022 | £218,523 | £220,000 | 6 COBDEN ROAD |
| 30 Jun 2022 | £242,457 | £240,000 | 51 CHAMBERLAIN ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 30 Aug 2013. Using an estimated price of £189,259 means this house is valued at £3,102 per sq meter (£288 per sq foot).
The average size of a house on GROVE ROAD is 69 sq meters (751 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Grove Road |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Grove Road |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Grove Road |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Grove Road |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Grove Road |