£215,450
This estimated value is based upon the latest sale price for the house of £175,000 on 3 May 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£175,000 | 3 May 2019 |
£121,000 | 9 Feb 2007 |
£98,000 | 26 Apr 2004 |
£53,995 | 1 Aug 2001 |
£31,000 | 27 Oct 1995 |
Terraced |
Freehold |
Floor Area: 42 sq meters or 452 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 May 2019 the House Price Index for MEDWAY was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £175,000 results in an estimated price of approximately £215,450.
3 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.0 | 23.115 % | £175,000 | £40,450 | £215,450 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 47.277 % | £82,734 | £257,734 |
3 Month Average | 5.762 % | £10,084 | £185,084 |
6 Month Average | 23.526 % | £41,171 | £216,171 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £275,207 | £270,000 | 43 STREET END ROAD |
18 Aug 2023 | £216,315 | £215,000 | 16 ROWAN LEA |
28 Apr 2023 | £272,022 | £270,000 | 46 ROWAN LEA |
10 Mar 2023 | £205,109 | £204,000 | 15 ROWAN LEA |
10 Jan 2023 | £308,292 | £311,000 | 23 BANKSIDE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 18 Feb 2019. Using an estimated price of £215,451 means this house is valued at £5,129 per sq meter (£476 per sq foot).
The average size of a house on ROWAN LEA is 51 sq meters (550 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Teeshot Mews | |
Mar 2024 | Anti-social behaviour | On or near Teeshot Mews | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Teeshot Mews |
Feb 2024 | Anti-social behaviour | On or near Teeshot Mews | |
Feb 2024 | Anti-social behaviour | On or near Teeshot Mews |