£296,841
This estimated value is based upon the latest sale price for the house of £232,000 on 2 Aug 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £232,000 | 2 Aug 2017 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 August 2017 the House Price Index for MEDWAY was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £232,000 results in an estimated price of approximately £296,841.
| 2 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £232,000 | £64,841 | £296,841 |
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 | 41.507 % | £96,295 | £328,295 |
| 3 Month Average | 13.652 % | £31,672 | £263,672 |
| 6 Month Average | 16.141 % | £37,446 | £269,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £203,121 | £200,000 | 68 HAIG AVENUE |
| 30 Mar 2023 | £294,925 | £290,000 | 25 WHITE ROAD |
| 17 Jan 2023 | £270,723 | £270,000 | 38 WHITE ROAD |
| 11 Aug 2022 | £326,527 | £325,000 | 4 WHITE ROAD |
| 8 Jul 2022 | £232,328 | £230,000 | 2 MARA COURT |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 4 Jun 2014. Using an estimated price of £296,842 means this house is valued at £2,603 per sq meter (£241 per sq foot).
The average size of a house on WHITE ROAD is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near White Road | |
| Sep 2024 | Anti-social behaviour | On or near White Road | |
| Jul 2024 | Anti-social behaviour | On or near White Road | |
| Jul 2024 | Anti-social behaviour | On or near White Road | |
| Jul 2024 | Anti-social behaviour | On or near White Road |