£265,343
This estimated value is based upon the latest sale price for the house of £195,000 on 22 Mar 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £195,000 | 22 Mar 2016 |
| £57,079 | 2 Aug 1999 |
| £42,500 | 12 Feb 1999 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 March 2016 the House Price Index for MEDWAY was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £195,000 results in an estimated price of approximately £265,343.
| 22 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £195,000 | £70,343 | £265,343 |
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 | 47.163 % | £91,967 | £286,967 |
| 3 Month Average | 41.396 % | £80,721 | £275,721 |
| 6 Month Average | 41.588 % | £81,096 | £276,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £235,990 | £230,000 | 35 ORDNANCE STREET |
| 29 Jun 2023 | £341,851 | £335,000 | 48 ROCHESTER STREET |
| 7 Jun 2023 | £394,914 | £387,000 | 17 ORDNANCE TERRACE |
| 28 Feb 2023 | £261,748 | £260,000 | 15 NEW STREET |
| 1 Sep 2022 | £191,872 | £192,000 | 14 CHILHAM CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 8 Mar 2019. Using an estimated price of £265,344 means this house is valued at £3,316 per sq meter (£308 per sq foot).
The average size of a house on ROCHESTER STREET is 96 sq meters (1,042 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hill'S Terrace |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hill'S Terrace |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hill'S Terrace |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hill'S Terrace |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Hill'S Terrace |