£225,617
This estimated value is based upon the latest sale price for the house of £156,700 on 11 Aug 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£156,700 | 11 Aug 2015 |
£142,000 | 22 Nov 2012 |
£133,000 | 24 Mar 2006 |
£105,000 | 5 Nov 2002 |
£79,000 | 10 Aug 2000 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 840 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 August 2015 the House Price Index for MEDWAY was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £156,700 results in an estimated price of approximately £225,617.
11 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 149.7 | 43.981 % | £156,700 | £68,917 | £225,617 |
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 | 50.627 % | £79,331 | £236,031 |
3 Month Average | 47.778 % | £74,868 | £231,568 |
6 Month Average | 44.571 % | £69,842 | £226,542 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £277,032 | £270,000 | 222 ROCHESTER STREET |
23 Jun 2023 | £234,703 | £230,000 | 119 DALE STREET |
12 Apr 2023 | £224,193 | £220,000 | 155 DALE STREET |
6 Mar 2023 | £249,161 | £245,000 | 118 PAGITT STREET |
20 Jun 2022 | £155,831 | £152,500 | FLAT 1 VIRGINIA COURT ROCHESTER STREET |
This house has a floor area of 78 sq meters or 840 sq feet when measured on 5 Dec 2011. Using an estimated price of £225,618 means this house is valued at £2,888 per sq meter (£268 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 | Drugs | Unable to prosecute suspect | On or near Corkwell Street |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Corkwell Street |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Corkwell Street |
Oct 2024 | Other crime | Under investigation | On or near Corkwell Street |
Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Corkwell Street |