£185,507
This estimated value is based upon the latest sale price for the house of £123,000 on 2 Oct 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Grange Road
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| Price Paid | Date |
|---|---|
| £123,000 | 2 Oct 2014 |
| £120,000 | 6 Aug 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 557 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 2014 the House Price Index for MEDWAY was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £123,000 results in an estimated price of approximately £185,507.
| 2 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £123,000 | £62,507 | £185,507 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 78.407 % | £96,440 | £219,440 |
| 3 Month Average | 56.421 % | £69,397 | £192,397 |
| 6 Month Average | 51.986 % | £63,943 | £186,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £376,552 | £368,000 | 8 HERLUIN WAY |
| 23 Jun 2023 | £163,272 | £160,000 | 20 LOWER RAINHAM ROAD |
| 27 Apr 2023 | £239,479 | £235,000 | 6 CONQUEROR DRIVE |
| 21 Feb 2023 | £60,403 | £60,000 | 91 CONQUEROR DRIVE |
| 29 Apr 2022 | £334,050 | £322,000 | 58 CONQUEROR DRIVE |
This house has a floor area of 51 sq meters or 557 sq feet when measured on 4 Dec 2009. Using an estimated price of £185,507 means this house is valued at £3,581 per sq meter (£332 per sq foot).
The average size of a house on CONQUEROR DRIVE is 72 sq meters (781 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Grange Road |
| Sep 2024 | Burglary | Under investigation | On or near Grange Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Grange Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Road |