£153,707
This estimated value is based upon the latest sale price for the house of £100,000 on 19 Jun 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Parham Road
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| Price Paid | Date |
|---|---|
| £100,000 | 19 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 June 2014 the House Price Index for MEDWAY was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £100,000 results in an estimated price of approximately £153,707.
| 19 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £100,000 | £53,707 | £153,707 |
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 | 37.695 % | £37,694 | £137,694 |
| 3 Month Average | 26.909 % | £26,908 | £126,908 |
| 6 Month Average | 59.704 % | £59,703 | £159,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £288,888 | £285,000 | 95 CHARTER STREET |
| 5 Jul 2023 | £179,161 | £176,750 | 3 COTTALL AVENUE |
| 1 Feb 2023 | £204,862 | £205,000 | 52 COTTALL AVENUE |
| 13 Jan 2023 | £278,687 | £280,000 | 56 ST LEONARDS AVENUE |
| 9 Nov 2022 | £237,128 | £240,000 | 11 INGLE ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 26 Jan 2014. Using an estimated price of £153,707 means this house is valued at £1,787 per sq meter (£166 per sq foot).
The average size of a house on CHARTER STREET is 71 sq meters (765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parham Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parham Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parham Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Parham Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Parham Road |