£242,450
This estimated value is based upon the latest sale price for the house of £235,000 on 1 Dec 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £235,000 | 1 Dec 2023 |
| £190,000 | 30 Jun 2016 |
| £149,950 | 2 Jun 2008 |
| £107,000 | 5 May 2006 |
| £30,000 | 4 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 December 2023 the House Price Index for MEDWAY was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £235,000 results in an estimated price of approximately £242,450.
| 1 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £235,000 | £7,450 | £242,450 |
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 | -8.221 % | £-19,320 | £215,679 |
| 3 Month Average | -10.227 % | £-24,032 | £210,967 |
| 6 Month Average | -9.322 % | £-21,907 | £213,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £242,450 | £235,000 | 9 COWPER ROAD |
| 16 Jun 2023 | £234,703 | £230,000 | 61 COWPER ROAD |
| 19 Apr 2023 | £134,173 | £131,663 | 340 CANTERBURY STREET |
| 14 Apr 2023 | £198,717 | £195,000 | 12 CHAUCER ROAD |
| 30 Nov 2022 | £239,878 | £241,000 | 44 CHAUCER ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 16 Apr 2016. Using an estimated price of £242,450 means this house is valued at £3,463 per sq meter (£321 per sq foot).
The average size of a house on COWPER ROAD is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cowper Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cowper Road |
| May 2024 | Anti-social behaviour | On or near Cowper Road | |
| May 2024 | Anti-social behaviour | On or near Cowper Road | |
| May 2024 | Anti-social behaviour | On or near Cowper Road |