£174,780
This estimated value is based upon the latest sale price for the house of £140,000 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £140,000 | 27 Jul 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 739 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 July 2018 the House Price Index for MEDWAY was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £140,000 results in an estimated price of approximately £174,780.
| 27 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £140,000 | £34,780 | £174,780 |
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 | 87.103 % | £121,944 | £261,944 |
| 3 Month Average | 18.297 % | £25,615 | £165,615 |
| 6 Month Average | 14.164 % | £19,829 | £159,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £210,181 | £206,250 | 102 FORT PITT STREET |
| 10 Feb 2023 | £339,266 | £337,000 | 4 CRESSEY COURT |
| 14 Nov 2022 | £306,069 | £307,500 | 12 BOUNDARY ROAD |
| 25 May 2022 | £311,105 | £303,000 | 13 BOUNDARY ROAD |
| 17 Feb 2022 | £275,735 | £261,000 | 96 FORT PITT STREET |
This house has a floor area of 68 sq meters or 739 sq feet when measured on 24 May 2010. Using an estimated price of £174,780 means this house is valued at £2,544 per sq meter (£236 per sq foot).
The average size of a house on BOUNDARY ROAD is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Afghan Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Afghan Road |
| Jul 2024 | Anti-social behaviour | On or near Afghan Road | |
| Jul 2024 | Anti-social behaviour | On or near Afghan Road | |
| Jul 2024 | Anti-social behaviour | On or near Afghan Road |