£148,698
This estimated value is based upon the latest sale price for the house of £85,000 on 31 Oct 2008. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £85,000 | 31 Oct 2008 |
| £68,000 | 30 Jan 2004 |
| £45,000 | 24 Jan 2002 |
| £24,994 | 28 Feb 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 449 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 2008 the House Price Index for MEDWAY was 84.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.Applying this 74.939% change to the original purchase price of £85,000 results in an estimated price of approximately £148,698.
| 31 Oct 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 148.6 | 74.939 % | £85,000 | £63,698 | £148,698 |
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 | 92.815 % | £78,892 | £163,892 |
| 3 Month Average | 76.945 % | £65,403 | £150,403 |
| 6 Month Average | 75.756 % | £64,392 | £149,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £309,583 | £305,000 | 39 GILLINGHAM ROAD |
| 17 Mar 2023 | £302,853 | £300,000 | 94 COPENHAGEN ROAD |
| 30 Jun 2022 | £276,913 | £273,000 | 81 WATERLOO ROAD |
| 14 Dec 2020 | £241,020 | £210,000 | 22 GILLINGHAM ROAD |
| 6 Nov 2020 | £231,871 | £200,000 | 91 GILLINGHAM ROAD |
This house has a floor area of 41 sq meters or 449 sq feet when measured on 3 Oct 2008. Using an estimated price of £148,698 means this house is valued at £3,564 per sq meter (£331 per sq foot).
The average size of a house on GILLINGHAM ROAD is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterloo Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Waterloo Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterloo Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waterloo Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waterloo Road |