£218,454
This estimated value is based upon the latest sale price for the house of £135,000 on 13 Apr 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£135,000 | 13 Apr 2007 |
£90,000 | 10 Sep 2004 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 April 2007 the House Price Index for MEDWAY was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £135,000 results in an estimated price of approximately £218,454.
13 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 149.7 | 61.818 % | £135,000 | £83,454 | £218,454 |
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 | 72.093 % | £97,326 | £232,326 |
3 Month Average | 71.483 % | £96,502 | £231,502 |
6 Month Average | 67.499 % | £91,123 | £226,123 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2024 | £237,000 | £237,000 | 33 TENNYSON ROAD |
23 Jul 2024 | £249,000 | £249,000 | 52 TENNYSON ROAD |
7 May 2024 | £222,500 | £222,500 | 52 BYRON ROAD |
21 Mar 2024 | £227,495 | £224,000 | 1 LONGFELLOW ROAD |
28 Jun 2023 | £204,090 | £200,000 | 24 TENNYSON ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 8 Oct 2014. Using an estimated price of £218,454 means this house is valued at £2,427 per sq meter (£225 per sq foot).
The average size of a house on BYRON ROAD is 87 sq meters (941 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Longfellow Road | |
Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Longfellow Road |
Sep 2024 | Other crime | Action to be taken by another organisation | On or near Longfellow Road |
Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Longfellow Road |
Sep 2024 | Other theft | Under investigation | On or near Longfellow Road |