£206,281
This estimated value is based upon the latest sale price for the house of £149,995 on 4 Feb 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£149,995 | 4 Feb 2016 |
£59,995 | 12 Apr 2001 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 667 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 February 2016 the House Price Index for MEDWAY was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £149,995 results in an estimated price of approximately £206,281.
4 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 149.7 | 37.526 % | £149,995 | £56,286 | £206,281 |
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 | 42.917 % | £64,372 | £214,367 |
3 Month Average | 32.793 % | £49,187 | £199,182 |
6 Month Average | 40.715 % | £61,070 | £211,065 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jul 2024 | £220,000 | £220,000 | 24 PAGET STREET |
18 Dec 2023 | £257,926 | £250,000 | 61 STAFFORD STREET |
17 Mar 2023 | £152,548 | £150,000 | 60 STAFFORD STREET |
5 Jan 2023 | £236,632 | £236,000 | 16 PAGET STREET |
25 Mar 2022 | £229,665 | £220,000 | 29 PAGET STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 6 Nov 2015. Using an estimated price of £206,282 means this house is valued at £3,327 per sq meter (£309 per sq foot).
The average size of a house on STAFFORD STREET is 78 sq meters (844 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Stafford Street |
Aug 2024 | Anti-social behaviour | On or near Stafford Street | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stafford Street |
Aug 2024 | Anti-social behaviour | On or near Stafford Street | |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stafford Street |