£130,084
This estimated value is based upon the latest sale price for the house of £110,000 on 2 Sep 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £110,000 | 2 Sep 2020 |
| 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 September 2020 the House Price Index for MEDWAY was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £110,000 results in an estimated price of approximately £130,084.
| 2 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £110,000 | £20,084 | £130,084 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -13.865 % | £-15,251 | £94,748 |
| 3 Month Average | 18.095 % | £19,904 | £129,904 |
| 6 Month Average | 14.421 % | £15,863 | £125,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £216,088 | £212,000 | 136 CASTLE ROAD |
| 7 Dec 2023 | £239,532 | £235,000 | 37A GORDON ROAD |
| 11 Apr 2023 | £214,091 | £212,500 | 160 CASTLE ROAD |
| 4 Apr 2023 | £211,573 | £210,000 | 144 CASTLE ROAD |
| 17 Feb 2023 | £238,870 | £240,000 | 58 GORDON ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 10 Dec 2019. Using an estimated price of £130,085 means this house is valued at £1,734 per sq meter (£161 per sq foot).
The average size of a house on GORDON ROAD is 67 sq meters (724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Road |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Gordon Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Road |