£415,483
This estimated value is based upon the latest sale price for the house of £340,000 on 20 Sep 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £340,000 | 20 Sep 2019 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 September 2019 the House Price Index for MEDWAY was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £340,000 results in an estimated price of approximately £415,483.
| 20 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £340,000 | £75,483 | £415,483 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | -3.173 % | £-10,786 | £329,213 |
| 3 Month Average | 12.509 % | £42,529 | £382,529 |
| 6 Month Average | 16.349 % | £55,586 | £395,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £375,825 | £371,000 | 73 DARGETS ROAD |
| 4 Aug 2023 | £495,010 | £492,000 | 85 DARGETS ROAD |
| 13 Feb 2023 | £220,955 | £222,000 | 6 COOPER ROAD |
| 24 Jun 2022 | £222,253 | £220,000 | 21 DUCHESS OF KENT DRIVE |
| 21 Mar 2022 | £214,156 | £207,500 | 11 DUCHESS OF KENT DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 11 Mar 2019. Using an estimated price of £415,483 means this house is valued at £4,239 per sq meter (£393 per sq foot).
The average size of a house on DARGETS ROAD is 112 sq meters (1,208 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Harman Court |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Blackthorn Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hornbeam Avenue |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hornbeam Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cooper Road |