£409,092
This estimated value is based upon the latest sale price for the house of £330,000 on 14 Aug 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £330,000 | 14 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 August 2019 the House Price Index for MEDWAY was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £330,000 results in an estimated price of approximately £409,092.
| 14 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £330,000 | £79,092 | £409,092 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 30.009 % | £99,028 | £429,028 |
| 3 Month Average | 28.668 % | £94,604 | £424,604 |
| 6 Month Average | 22.999 % | £75,897 | £405,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2024 | £257,900 | £257,900 | 21 MEADOW CLOSE |
| 6 Nov 2023 | £341,160 | £332,500 | 41 HARPTREE DRIVE |
| 4 Aug 2023 | £651,755 | £640,000 | 65 KING GEORGE ROAD |
| 29 Jun 2023 | £301,033 | £295,000 | 26 HARPTREE DRIVE |
| 17 Mar 2023 | £269,501 | £265,000 | 3 BRENT CLOSE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 26 Jun 2019. Using an estimated price of £409,092 means this house is valued at £3,719 per sq meter (£345 per sq foot).
The average size of a house on KING GEORGE ROAD is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brent Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brent Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brent Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brent Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brent Close |