£251,063
This estimated value is based upon the latest sale price for the house of £137,500 on 4 Nov 2005. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £137,500 | 4 Nov 2005 |
| £51,000 | 13 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 November 2005 the House Price Index for MEDWAY was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £137,500 results in an estimated price of approximately £251,063.
| 4 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £137,500 | £113,563 | £251,063 |
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 | 102.014 % | £140,269 | £277,769 |
| 3 Month Average | 105.185 % | £144,629 | £282,129 |
| 6 Month Average | 92.911 % | £127,751 | £265,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £309,759 | £305,000 | 27 FRINDSBURY ROAD |
| 3 Nov 2023 | £277,032 | £270,000 | 15 BOWES ROAD |
| 21 Sep 2023 | £424,355 | £415,000 | 12 VICARAGE ROAD |
| 4 Aug 2023 | £217,931 | £214,000 | 27 GRANGE ROAD |
| 3 Aug 2023 | £269,867 | £265,000 | 10 GROVE ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 22 Oct 2016. Using an estimated price of £251,064 means this house is valued at £2,820 per sq meter (£262 per sq foot).
The average size of a house on GROVE ROAD is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near St Michaels Court | |
| Sep 2024 | Anti-social behaviour | On or near St Michaels Court | |
| Jun 2024 | Anti-social behaviour | On or near St Michaels Court | |
| Jun 2024 | Anti-social behaviour | On or near St Michaels Court | |
| Jun 2024 | Anti-social behaviour | On or near St Michaels Court |