£218,065
This estimated value is based upon the latest sale price for the house of £190,000 on 18 Dec 2020. 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 Sydney Road
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| Price Paid | Date |
|---|---|
| £190,000 | 18 Dec 2020 |
| £187,500 | 18 Dec 2020 |
| £130,000 | 12 Jun 2006 |
| £96,000 | 28 Jun 2002 |
| £78,950 | 26 Jan 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 December 2020 the House Price Index for MEDWAY was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £190,000 results in an estimated price of approximately £218,065.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £190,000 | £28,065 | £218,065 |
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 | -21.206 % | £-40,290 | £149,709 |
| 3 Month Average | -13.879 % | £-26,370 | £163,629 |
| 6 Month Average | 7.057 % | £13,408 | £203,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £197,455 | £194,000 | 18 ERNEST ROAD |
| 20 Feb 2023 | £190,272 | £190,400 | 26 SYDNEY ROAD |
| 24 Oct 2022 | £232,497 | £235,000 | 23 ERNEST ROAD |
| 1 Sep 2022 | £215,852 | £217,595 | HOMESIDE ALBERT ROAD |
| 17 Aug 2022 | £189,490 | £190,000 | 60 ALBERT ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 12 Nov 2019.
The average size of a house on ERNEST ROAD is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sydney Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sydney Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Sydney Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sydney Road |
| Feb 2024 | Drugs | Under investigation | On or near Sydney Road |