£186,282
This estimated value is based upon the latest sale price for the house of £110,500 on 23 May 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £110,500 | 23 May 2013 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 May 2013 the House Price Index for MEDWAY was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £110,500 results in an estimated price of approximately £186,282.
| 23 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.581 % | £110,500 | £75,782 | £186,282 |
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 | 59.390 % | £65,626 | £176,126 |
| 3 Month Average | 73.448 % | £81,159 | £191,659 |
| 6 Month Average | 80.534 % | £88,989 | £199,489 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £240,461 | £235,000 | 32 GORDON ROAD |
| 26 Sep 2023 | £259,725 | £254,000 | 30 GORDON ROAD |
| 30 Aug 2022 | £243,137 | £242,000 | 29 LIVINGSTONE ROAD |
| 12 Aug 2022 | £239,118 | £238,000 | 65 GORDON ROAD |
| 29 Apr 2022 | £303,965 | £293,000 | 11 GORDON ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 11 Mar 2015. Using an estimated price of £186,282 means this house is valued at £2,661 per sq meter (£247 per sq foot).
The average size of a house on LIVINGSTONE ROAD is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Investigation complete; no suspect identified | On or near Beaconsfield Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beaconsfield Avenue |
| Oct 2024 | Drugs | Investigation complete; no suspect identified | On or near Priestfield Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Priestfield Road |
| Oct 2024 | Burglary | Under investigation | On or near Priestfield Road |