£461,496
This estimated value is based upon the latest sale price for the house of £395,000 on 9 Oct 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £395,000 | 9 Oct 2020 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 October 2020 the House Price Index for MEDWAY was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £395,000 results in an estimated price of approximately £461,496.
| 9 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £395,000 | £66,496 | £461,496 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 60.825 % | £240,257 | £635,257 |
| 3 Month Average | 6.784 % | £26,798 | £421,798 |
| 6 Month Average | 10.340 % | £40,841 | £435,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £321,074 | £315,000 | 68A HAWBECK ROAD |
| 4 Dec 2023 | £458,678 | £450,000 | 54 GRAIN ROAD |
| 26 Jun 2023 | £357,902 | £355,000 | 8 PRINYS DRIVE |
| 14 Apr 2023 | £402,995 | £400,000 | 553 MAIDSTONE ROAD |
| 24 Feb 2023 | £413,046 | £415,000 | 64 GEORGIAN WAY |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 14 Jan 2020. Using an estimated price of £461,497 means this house is valued at £4,857 per sq meter (£451 per sq foot).
The average size of a house on RUTLAND PLACE is 120 sq meters (1,295 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rutland Place |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grain Road |
| Apr 2024 | Burglary | Under investigation | On or near Roper Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roper Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roper Close |