£506,696
This estimated value is based upon the latest sale price for the house of £410,000 on 16 Dec 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£410,000 | 16 Dec 2019 |
Semi-Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 2019 the House Price Index for MEDWAY was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £410,000 results in an estimated price of approximately £506,696.
16 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £410,000 | £96,696 | £506,696 |
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 | 8.576 % | £35,159 | £445,159 |
3 Month Average | 10.745 % | £44,054 | £454,054 |
6 Month Average | 11.892 % | £48,758 | £458,758 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £660,142 | £650,000 | 108 WIGMORE ROAD |
17 Aug 2023 | £465,394 | £457,000 | 96 WIGMORE ROAD |
11 Aug 2023 | £300,418 | £295,000 | 56 FAIRVIEW AVENUE |
24 Mar 2023 | £406,793 | £400,000 | 71 WIGMORE ROAD |
14 Feb 2023 | £515,947 | £512,500 | 58 FAIRVIEW AVENUE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 21 Jun 2019. Using an estimated price of £506,697 means this house is valued at £4,187 per sq meter (£389 per sq foot).
The average size of a house on WIGMORE ROAD is 124 sq meters (1,337 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Unable to prosecute suspect | On or near Chamberlain Court |
Jul 2024 | Anti-social behaviour | On or near Sherlodge Mews | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sherlodge Mews |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sherlodge Mews |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherlodge Mews |