£496,937
This estimated value is based upon the latest sale price for the house of £480,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £480,000 | 25 Feb 2022 |
| £375,000 | 29 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 2022 the House Price Index for MEDWAY was 141.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.529%.Applying this 3.529% change to the original purchase price of £480,000 results in an estimated price of approximately £496,937.
| 25 Feb 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 146.7 | 3.529 % | £480,000 | £16,937 | £496,937 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | -31.896 % | £-153,102 | £326,897 |
| 3 Month Average | -12.162 % | £-58,375 | £421,624 |
| 6 Month Average | -2.711 % | £-13,014 | £466,985 |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 9 Mar 2016.
The average size of a house on PARKFIELDS is 134 sq meters (1,453 sq feet).
This house is the largest in the street with a floor area of 154 sq meters (1,657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Parkfields | |
| Feb 2024 | Anti-social behaviour | On or near Parkfields | |
| Dec 2023 | Drugs | Under investigation | On or near Parkfields |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Millfordhope Road |
| Dec 2023 | Other crime | Under investigation | On or near Millfordhope Road |