£359,057
This estimated value is based upon the latest sale price for the house of £235,000 on 28 Jul 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £235,000 | 28 Jul 2014 |
| £181,000 | 9 Feb 2007 |
| Terraced |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 2014 the House Price Index for MEDWAY was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £235,000 results in an estimated price of approximately £359,057.
| 28 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £235,000 | £124,057 | £359,057 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 52.020 % | £122,246 | £357,246 |
| 3 Month Average | 41.306 % | £97,068 | £332,068 |
| 6 Month Average | 64.571 % | £151,741 | £386,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £191,840 | £189,000 | 100 NELSON ROAD |
| 20 Jul 2023 | £228,070 | £225,000 | 30 SEAVIEW ROAD |
| 18 Jul 2023 | £233,138 | £230,000 | 85 SEAVIEW ROAD |
| 4 Jul 2023 | £255,438 | £252,000 | 45 STOPFORD ROAD |
| 3 Mar 2023 | £287,711 | £285,000 | 21 NELSON ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 18 Nov 2014. Using an estimated price of £359,058 means this house is valued at £2,301 per sq meter (£213 per sq foot).
The average size of a house on NELSON ROAD is 102 sq meters (1,105 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seaview Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Seaview Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queen'S Road |
| Mar 2024 | Public order | Awaiting court outcome | On or near Queen'S Road |
| Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Queen'S Road |