£268,139
This estimated value is based upon the latest sale price for the house of £216,000 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £216,000 | 2 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 November 2018 the House Price Index for MEDWAY was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £216,000 results in an estimated price of approximately £268,139.
| 2 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £216,000 | £52,139 | £268,139 |
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 | 60.127 % | £129,874 | £345,874 |
| 3 Month Average | 14.178 % | £30,625 | £246,625 |
| 6 Month Average | 13.900 % | £30,024 | £246,024 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £214,880 | £210,000 | 7 CASTLE ROAD |
| 14 Mar 2023 | £254,246 | £250,000 | 132 LUTON ROAD |
| 28 Feb 2023 | £233,057 | £231,500 | 19 CASTLE ROAD |
| 27 Jan 2023 | £381,018 | £380,000 | 97 LUTON ROAD |
| 10 Nov 2022 | £209,023 | £210,000 | UPPER FLAT 27 CASTLE ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 9 Aug 2018. Using an estimated price of £268,140 means this house is valued at £2,914 per sq meter (£270 per sq foot).
The average size of a house on HENRY STREET is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Short Street |
| Sep 2024 | Anti-social behaviour | On or near Short Street | |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Short Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Street |
| Aug 2024 | Anti-social behaviour | On or near Short Street |