£180,072
This estimated value is based upon the latest sale price for the house of £105,000 on 15 Nov 2010. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £105,000 | 15 Nov 2010 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 757 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 2010 the House Price Index for MEDWAY was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £105,000 results in an estimated price of approximately £180,072.
| 15 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.497 % | £105,000 | £75,072 | £180,072 |
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 | 67.411 % | £70,781 | £175,781 |
| 3 Month Average | 64.527 % | £67,752 | £172,752 |
| 6 Month Average | 83.668 % | £87,851 | £192,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £250,000 | £250,000 | 67 MILTON ROAD |
| 25 Jul 2023 | £250,370 | £247,000 | 77 CHAUCER ROAD |
| 14 Jul 2023 | £329,434 | £325,000 | 160 ROCK AVENUE |
| 24 Mar 2023 | £297,806 | £295,000 | 74 MILTON ROAD |
| 21 Mar 2023 | £241,273 | £239,000 | 15 MILTON ROAD |
This house has a floor area of 70 sq meters or 757 sq feet when measured on 30 Jul 2010. Using an estimated price of £180,072 means this house is valued at £2,557 per sq meter (£237 per sq foot).
The average size of a house on MILTON ROAD is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Milton Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Milton Road |
| Feb 2024 | Other theft | Under investigation | On or near Milton Road |
| Jan 2024 | Anti-social behaviour | On or near Milton Road | |
| Jan 2024 | Anti-social behaviour | On or near Milton Road |