£264,535
This estimated value is based upon the latest sale price for the house of £215,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £215,000 | 29 Mar 2019 |
| £136,000 | 28 Jan 2011 |
| £145,000 | 20 Jul 2007 |
| £41,000 | 21 Jul 1997 |
| £24,000 | 28 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,089 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 March 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £215,000 results in an estimated price of approximately £264,535.
| 29 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £215,000 | £49,535 | £264,535 |
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 | 14.214 % | £30,559 | £245,559 |
| 3 Month Average | 9.762 % | £20,988 | £235,988 |
| 6 Month Average | 23.069 % | £49,597 | £264,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £232,413 | £231,000 | 85 PRIESTFIELD ROAD |
| 28 Jul 2023 | £215,034 | £213,000 | 11 PRIESTFIELD ROAD |
| 30 Jun 2023 | £228,856 | £227,000 | 26 GORDON ROAD |
| 23 Jun 2023 | £241,962 | £240,000 | 36 PRIESTFIELD ROAD |
| 17 Mar 2023 | £313,696 | £312,000 | 74 PRIESTFIELD ROAD |
This house has a floor area of 101 sq meters or 1,089 sq feet when measured on 30 Jun 2009. Using an estimated price of £264,536 means this house is valued at £2,614 per sq meter (£242 per sq foot).
The average size of a house on PRIESTFIELD ROAD is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priestfield Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Priestfield Road |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Priestfield Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Priestfield Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Priestfield Road |