£336,848
This estimated value is based upon the latest sale price for the house of £255,000 on 14 Dec 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £255,000 | 14 Dec 2016 |
| £168,000 | 10 Jan 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2016 the House Price Index for MEDWAY was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £255,000 results in an estimated price of approximately £336,848.
| 14 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £255,000 | £81,848 | £336,848 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | -0.738 % | £-1,880 | £253,119 |
| 3 Month Average | 26.394 % | £67,304 | £322,304 |
| 6 Month Average | 19.751 % | £50,365 | £305,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2024 | £362,500 | £362,500 | 73 FLEET ROAD |
| 14 May 2024 | £365,000 | £365,000 | 54 MOORING ROAD |
| 4 Aug 2023 | £379,342 | £372,500 | 73 MOORING ROAD |
| 28 Jun 2023 | £260,215 | £255,000 | 13 HYBRID CLOSE |
| 31 Mar 2023 | £386,454 | £380,000 | 366 CITY WAY |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 15 Jun 2016. Using an estimated price of £336,848 means this house is valued at £4,158 per sq meter (£386 per sq foot).
The average size of a house on MOORING ROAD is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mooring Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mooring Road |
| Oct 2024 | Anti-social behaviour | On or near Mooring Road | |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Mooring Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mooring Road |