£290,567
This estimated value is based upon the latest sale price for the house of £205,000 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £205,000 | 30 Oct 2015 |
| £102,995 | 30 Apr 2002 |
| £74,000 | 30 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 October 2015 the House Price Index for MEDWAY was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £205,000 results in an estimated price of approximately £290,567.
| 30 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £205,000 | £85,567 | £290,567 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 16.454 % | £33,730 | £238,730 |
| 3 Month Average | 30.618 % | £62,765 | £267,765 |
| 6 Month Average | 51.879 % | £106,352 | £311,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £189,921 | £185,100 | 30 PORT RISE |
| 18 Aug 2023 | £208,765 | £205,000 | 18 PORT RISE |
| 30 Jun 2023 | £313,788 | £307,500 | 98 PORT RISE |
| 3 Mar 2023 | £264,416 | £260,000 | 53 WESTMOUNT AVENUE |
| 24 Jan 2023 | £237,635 | £237,000 | 30 MOUNT ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 29 Aug 2015. Using an estimated price of £290,568 means this house is valued at £4,763 per sq meter (£442 per sq foot).
The average size of a house on PORT RISE is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Port Rise |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Port Rise |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silver Hill Gardens |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silver Hill Gardens |
| May 2024 | Anti-social behaviour | On or near Silver Hill Gardens |