£302,782
This estimated value is based upon the latest sale price for the house of £245,000 on 16 Dec 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £245,000 | 16 Dec 2019 |
| £226,000 | 12 May 2017 |
| £140,000 | 1 Aug 2013 |
| £120,000 | 12 Jan 2004 |
| £59,000 | 25 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 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 23.585%.Applying this 23.585% change to the original purchase price of £245,000 results in an estimated price of approximately £302,782.
| 16 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £245,000 | £57,782 | £302,782 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 16.577 % | £40,612 | £285,612 |
| 3 Month Average | 17.873 % | £43,789 | £288,789 |
| 6 Month Average | 8.619 % | £21,117 | £266,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £295,528 | £290,000 | 44 CECIL ROAD |
| 20 Jan 2023 | £325,871 | £325,000 | 65 CLIVE ROAD |
| 28 Oct 2022 | £259,134 | £260,000 | 60 CECIL ROAD |
| 21 Oct 2022 | £284,051 | £285,000 | 51 CECIL ROAD |
| 4 Feb 2022 | £222,384 | £210,500 | 21 CLIVE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 26 Jan 2017. Using an estimated price of £302,782 means this house is valued at £4,037 per sq meter (£375 per sq foot).
The average size of a house on CLIVE ROAD is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Clive Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Clive Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clive Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clive Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Richard Street |