£296,651
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Sep 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £240,000 | 12 Sep 2019 |
| Semi-Detached |
| 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 September 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 23.605%.Applying this 23.605% change to the original purchase price of £240,000 results in an estimated price of approximately £296,651.
| 12 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £240,000 | £56,651 | £296,651 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 23.094 % | £55,425 | £295,425 |
| 3 Month Average | 16.865 % | £40,476 | £280,476 |
| 6 Month Average | 14.356 % | £34,455 | £274,455 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £320,000 | £320,000 | 154 KING GEORGE ROAD |
| 25 Mar 2024 | £223,433 | £220,000 | 148 KING GEORGE ROAD |
| 25 Aug 2023 | £361,520 | £355,000 | 6 HURSTWOOD |
| 30 Jun 2023 | £234,703 | £230,000 | 54 HURSTWOOD |
| 24 Feb 2023 | £393,629 | £391,000 | 22 HURSTWOOD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 22 Aug 2019. Using an estimated price of £296,651 means this house is valued at £3,708 per sq meter (£344 per sq foot).
The average size of a house on HOLLAND ROAD is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hurstwood |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hurstwood |
| Apr 2024 | Possession of weapons | Unable to prosecute suspect | On or near Hurstwood |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Watson Avenue |
| Jul 2024 | Anti-social behaviour | On or near Woodhurst |