£136,033
This estimated value is based upon the latest sale price for the house of £87,000 on 17 Dec 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £87,000 | 17 Dec 2007 |
| £38,500 | 13 Jul 2001 |
| Semi-Detached |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2007 the House Price Index for MEDWAY was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £87,000 results in an estimated price of approximately £136,033.
| 17 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £87,000 | £49,033 | £136,033 |
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 | 46.005 % | £40,024 | £127,024 |
| 3 Month Average | 49.588 % | £43,141 | £130,141 |
| 6 Month Average | 61.385 % | £53,404 | £140,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £279,597 | £272,500 | 36 DIAL ROAD |
| 6 Feb 2023 | £188,258 | £187,000 | 16 DIAL CLOSE |
| 30 Jan 2023 | £235,630 | £235,000 | 26 HEWITT CLOSE |
| 1 Apr 2022 | £246,906 | £238,000 | 12 DIAL ROAD |
| 4 Mar 2022 | £240,105 | £230,000 | 12 HEWITT CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 3 Jul 2013. Using an estimated price of £136,033 means this house is valued at £2,834 per sq meter (£263 per sq foot).
The average size of a house on DIAL ROAD is 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Investigation complete; no suspect identified | On or near Dial Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Dial Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marble Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gads Hill |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Cypress Court |