£312,047
This estimated value is based upon the latest sale price for the house of £180,000 on 18 Sep 2008. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £180,000 | 18 Sep 2008 |
| £88,000 | 24 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 September 2008 the House Price Index for MEDWAY was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.360%.Applying this 73.360% change to the original purchase price of £180,000 results in an estimated price of approximately £312,047.
| 18 Sep 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.360 % | £180,000 | £132,047 | £312,047 |
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 | 69.460 % | £125,028 | £305,028 |
| 3 Month Average | 86.230 % | £155,214 | £335,214 |
| 6 Month Average | 74.171 % | £133,507 | £313,507 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £183,662 | £179,000 | 66 NARES ROAD |
| 29 Mar 2023 | £295,434 | £290,500 | 57 PEVEREL GREEN |
| 30 Jan 2023 | £270,723 | £270,000 | 23 CONRAD CLOSE |
| 29 Apr 2022 | £197,629 | £190,500 | 54 OLD CASTLE WALK |
| 21 Mar 2022 | £193,128 | £185,000 | 76 NARES ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 14 Oct 2014. Using an estimated price of £312,048 means this house is valued at £5,673 per sq meter (£527 per sq foot).
The average size of a house on PEVEREL GREEN is 83 sq meters (902 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Chipstead Road | |
| May 2024 | Anti-social behaviour | On or near Chipstead Road | |
| May 2024 | Anti-social behaviour | On or near Chipstead Road | |
| May 2024 | Anti-social behaviour | On or near Chipstead Road | |
| May 2024 | Anti-social behaviour | On or near Chipstead Road |