£299,999
This estimated value is based upon the latest sale price for the house of £292,500 on 1 Apr 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£292,500 | 1 Apr 2022 |
£265,000 | 3 Oct 2017 |
£250,000 | 30 Sep 2016 |
£179,750 | 10 May 2016 |
£147,500 | 27 May 2005 |
£77,000 | 12 May 2000 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,184 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 2022 the House Price Index for MEDWAY was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £292,500 results in an estimated price of approximately £299,999.
1 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.0 | 2.564 % | £292,500 | £7,499 | £299,999 |
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 | -11.516 % | £-33,682 | £258,817 |
3 Month Average | -3.106 % | £-9,083 | £283,416 |
6 Month Average | 2.246 % | £6,570 | £299,070 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Jun 2023 | £212,222 | £210,501 | 20 CORNWALL ROAD |
21 Apr 2023 | £201,498 | £200,000 | 21 CORNWALL ROAD |
17 Mar 2023 | £223,207 | £222,000 | 58 BURNT OAK TERRACE |
28 Nov 2022 | £235,186 | £239,000 | 12 CORNWALL ROAD |
30 Jun 2022 | £181,843 | £180,000 | 16 BURNT OAK TERRACE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 30 Oct 2015. Using an estimated price of £300,000 means this house is valued at £2,727 per sq meter (£253 per sq foot).
The average size of a house on BURNT OAK TERRACE is 78 sq meters (840 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Chatsworth Road |
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Chatsworth Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chatsworth Road |
Apr 2024 | Other crime | Under investigation | On or near Chatsworth Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Chatsworth Road |