£204,477
This estimated value is based upon the latest sale price for the house of £165,000 on 13 Jul 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £165,000 | 13 Jul 2018 |
| £121,500 | 10 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 July 2018 the House Price Index for MEDWAY was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £165,000 results in an estimated price of approximately £204,477.
| 13 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £165,000 | £39,477 | £204,477 |
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 | -28.085 % | £-46,340 | £118,659 |
| 3 Month Average | -2.543 % | £-4,195 | £160,804 |
| 6 Month Average | 16.297 % | £26,889 | £191,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £238,531 | £235,000 | 112 CHAUCER ROAD |
| 29 Jun 2023 | £248,004 | £245,000 | 100 CHAUCER ROAD |
| 23 Jun 2023 | £253,065 | £250,000 | 69 RAINHAM ROAD |
| 17 Nov 2022 | £242,068 | £245,000 | 67 RAINHAM ROAD |
| 23 Jun 2022 | £238,369 | £235,000 | 118 CHAUCER ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 28 Feb 2019. Using an estimated price of £204,477 means this house is valued at £2,004 per sq meter (£186 per sq foot).
The average size of a house on RAINHAM ROAD is 97 sq meters (1,052 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Chaucer Road | |
| Jan 2024 | Anti-social behaviour | On or near Chaucer Road | |
| Jan 2024 | Anti-social behaviour | On or near Chaucer Road | |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Rainham Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rainham Road |