£219,468
This estimated value is based upon the latest sale price for the house of £127,500 on 21 Dec 2009. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£127,500 | 21 Dec 2009 |
£67,500 | 19 Feb 2009 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 714 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 2009 the House Price Index for MEDWAY was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.132%.Applying this 72.132% change to the original purchase price of £127,500 results in an estimated price of approximately £219,468.
21 Dec 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.0 | 72.132 % | £127,500 | £91,968 | £219,468 |
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 | 150.700 % | £192,142 | £319,642 |
3 Month Average | 56.804 % | £72,424 | £199,924 |
6 Month Average | 95.458 % | £121,709 | £249,209 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £221,346 | £220,000 | 1 HONEYSUCKLE CLOSE |
23 Jun 2023 | £295,395 | £293,000 | 57 YARROW ROAD |
22 Jul 2022 | £279,622 | £280,000 | 23 GENTIAN CLOSE |
14 Apr 2022 | £287,179 | £280,000 | 44 SPEEDWELL AVENUE |
21 Mar 2022 | £464,435 | £450,000 | 103 CHESTNUT AVENUE |
This house has a floor area of 66 sq meters or 714 sq feet when measured on 16 Jun 2009. Using an estimated price of £219,468 means this house is valued at £3,306 per sq meter (£307 per sq foot).
The average size of a house on YARROW ROAD is 79 sq meters (853 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larkspur Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Larkspur Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larkspur Road |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yarrow Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Yarrow Road |