£213,613
This estimated value is based upon the latest sale price for the house of £170,000 on 31 May 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Otway Street
More crime details
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| Price Paid | Date |
|---|---|
| £170,000 | 31 May 2018 |
| £101,000 | 5 Oct 2007 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 770 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 May 2018 the House Price Index for MEDWAY was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £170,000 results in an estimated price of approximately £213,613.
| 31 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £170,000 | £43,613 | £213,613 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 27.503 % | £46,755 | £216,755 |
| 3 Month Average | 8.891 % | £15,114 | £185,114 |
| 6 Month Average | 16.292 % | £27,695 | £197,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £255,000 | £255,000 | 62 OTWAY STREET |
| 11 Aug 2023 | £218,949 | £215,000 | 52 OTWAY STREET |
| 21 Mar 2023 | £203,397 | £200,000 | 34 HARTINGTON STREET |
| 20 Feb 2023 | £191,680 | £190,400 | 26 SYDNEY ROAD |
| 12 Jan 2023 | £217,581 | £217,000 | 58 OTWAY STREET |
This house has a floor area of 71 sq meters or 770 sq feet when measured on 28 Apr 2011. Using an estimated price of £213,614 means this house is valued at £2,983 per sq meter (£277 per sq foot).
The average size of a house on OTWAY STREET is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Otway Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Otway Street |
| Oct 2024 | Anti-social behaviour | On or near Otway Street | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Otway Street |
| Aug 2024 | Drugs | Investigation complete; no suspect identified | On or near Otway Street |