£558,336
This estimated value is based upon the latest sale price for the house of £350,000 on 7 Feb 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £350,000 | 7 Feb 2014 |
| £218,000 | 1 Apr 2004 |
| £150,000 | 29 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 February 2014 the House Price Index for MEDWAY was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £350,000 results in an estimated price of approximately £558,336.
| 7 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £350,000 | £208,336 | £558,336 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 59.584 % | £208,543 | £558,543 |
| 3 Month Average | 65.832 % | £230,412 | £580,412 |
| 6 Month Average | 65.783 % | £230,241 | £580,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £189,818 | £185,000 | 122A BREDHURST ROAD |
| 16 Nov 2023 | £359,116 | £350,000 | 7 DREWERY DRIVE |
| 13 Feb 2023 | £147,989 | £147,000 | 194D FAIRVIEW AVENUE |
| 27 Jul 2022 | £808,097 | £800,000 | 97 FAIRVIEW AVENUE |
| 11 Mar 2022 | £730,753 | £700,000 | 170 FAIRVIEW AVENUE |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 2 Nov 2013. Using an estimated price of £558,337 means this house is valued at £3,625 per sq meter (£336 per sq foot).
The average size of a house on BREDHURST ROAD is 109 sq meters (1,182 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Bredhurst Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bredhurst Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Drewery Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foulds Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foulds Close |