£195,863
This estimated value is based upon the latest sale price for the house of £150,000 on 14 Mar 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £150,000 | 14 Mar 2017 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 737 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 2017 the House Price Index for MEDWAY was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £150,000 results in an estimated price of approximately £195,863.
| 14 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £150,000 | £45,863 | £195,863 |
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 | 19.128 % | £28,692 | £178,692 |
| 3 Month Average | 15.510 % | £23,265 | £173,265 |
| 6 Month Average | 23.403 % | £35,104 | £185,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £242,450 | £235,000 | 37A GORDON ROAD |
| 17 Feb 2023 | £241,614 | £240,000 | 58 GORDON ROAD |
| 1 Feb 2023 | £234,567 | £233,000 | 21 WAGHORN STREET |
| 13 Jan 2023 | £135,362 | £135,000 | FLAT 1 13 WAGHORN STREET |
| 9 Jun 2022 | £245,242 | £240,000 | 78 GORDON ROAD |
This house has a floor area of 68 sq meters or 737 sq feet when measured on 17 Oct 2011. Using an estimated price of £195,863 means this house is valued at £2,856 per sq meter (£265 per sq foot).
The average size of a house on PORTLAND STREET is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Portland Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Street |
| Oct 2024 | Public order | Under investigation | On or near Waghorn Street |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Waghorn Street |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Waghorn Street |