£240,225
This estimated value is based upon the latest sale price for the house of £230,000 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £230,000 | 4 Feb 2022 |
| £200,000 | 22 Nov 2019 |
| £153,000 | 11 Sep 2015 |
| £130,000 | 9 May 2008 |
| £124,000 | 25 Apr 2008 |
| £90,000 | 28 Oct 2002 |
| £49,500 | 17 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 February 2022 the House Price Index for MEDWAY was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £230,000 results in an estimated price of approximately £240,225.
| 4 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £230,000 | £10,225 | £240,225 |
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 | 2.667 % | £6,133 | £236,133 |
| 3 Month Average | -12.466 % | £-28,670 | £201,329 |
| 6 Month Average | 0.424 % | £975 | £230,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £254,821 | £250,000 | 61 STAFFORD STREET |
| 28 Jul 2023 | £167,585 | £166,000 | 24 BELMONT ROAD |
| 17 Mar 2023 | £150,815 | £150,000 | 60 STAFFORD STREET |
| 12 Aug 2022 | £263,221 | £265,000 | 26 BELMONT ROAD |
| 4 Feb 2022 | £240,226 | £230,000 | 53 VICARAGE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 26 Apr 2015. Using an estimated price of £240,226 means this house is valued at £3,002 per sq meter (£278 per sq foot).
The average size of a house on VICARAGE ROAD is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Vicarage Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Stafford Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stafford Street |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stafford Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stafford Street |