£154,880
This estimated value is based upon the latest sale price for the house of £143,500 on 9 Dec 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £143,500 | 9 Dec 2021 |
| £125,000 | 23 Aug 2019 |
| £48,000 | 1 Dec 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 2021 the House Price Index for MEDWAY was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £143,500 results in an estimated price of approximately £154,880.
| 9 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £143,500 | £11,380 | £154,880 |
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 | 7.093 % | £10,178 | £153,678 |
| 3 Month Average | 3.297 % | £4,731 | £148,231 |
| 6 Month Average | 6.012 % | £8,627 | £152,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £380,000 | £380,000 | 3 FERRIER CLOSE |
| 17 Jun 2022 | £197,216 | £193,000 | 31 BOND ROAD |
| 1 Jun 2022 | £485,375 | £475,000 | 4 BOND ROAD |
| 11 Feb 2022 | £142,622 | £135,000 | 25 BOND ROAD |
| 9 Dec 2021 | £154,881 | £143,500 | 57 BOND ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 4 Jun 2019. Using an estimated price of £154,881 means this house is valued at £3,687 per sq meter (£342 per sq foot).
The average size of a house on BOND ROAD is 63 sq meters (685 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ferrier Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goldsmith Road |
| Jul 2024 | Anti-social behaviour | On or near Goldsmith Road | |
| Jul 2024 | Anti-social behaviour | On or near Goldsmith Road | |
| Jul 2024 | Anti-social behaviour | On or near Goldsmith Road |