£219,977
This estimated value is based upon the latest sale price for the house of £161,000 on 4 Dec 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £161,000 | 4 Dec 2015 |
| £129,000 | 29 Sep 2006 |
| £107,000 | 18 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2015 the House Price Index for MEDWAY was 107.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 36.632%.Applying this 36.632% change to the original purchase price of £161,000 results in an estimated price of approximately £219,977.
| 4 Dec 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 146.7 | 36.632 % | £161,000 | £58,977 | £219,977 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | -3.296 % | £-5,306 | £155,693 |
| 3 Month Average | 24.724 % | £39,806 | £200,806 |
| 6 Month Average | 30.411 % | £48,962 | £209,962 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 7 Jul 2015.
The average size of a house on BANNING STREET is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hone Street |
| Mar 2024 | Anti-social behaviour | On or near Hone Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brompton Lane |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brompton Lane |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Brompton Lane |