£198,258
This estimated value is based upon the latest sale price for the house of £200,000 on 30 Jan 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £200,000 | 30 Jan 2023 |
| £106,000 | 28 Nov 2014 |
| £49,995 | 11 Oct 2001 |
| £38,500 | 5 May 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 January 2023 the House Price Index for MEDWAY was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £200,000 results in an estimated price of approximately £198,258.
| 30 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £200,000 | £-1,741 | £198,258 |
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 | -14.317 % | £-28,633 | £171,366 |
| 3 Month Average | -17.564 % | £-35,128 | £164,871 |
| 6 Month Average | -12.985 % | £-25,970 | £174,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £306,866 | £305,000 | 94 ARDEN STREET |
| 14 Jul 2023 | £217,053 | £215,000 | 122 SAUNDERS STREET |
| 15 Jun 2023 | £115,940 | £115,000 | 81A SAUNDERS STREET |
| 5 Apr 2023 | £226,685 | £225,000 | 117 SAUNDERS STREET |
| 3 Apr 2023 | £221,647 | £220,000 | 108 SAUNDERS STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 24 Apr 2014. Using an estimated price of £198,259 means this house is valued at £2,873 per sq meter (£266 per sq foot).
The average size of a house on SAUNDERS STREET is 74 sq meters (799 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fox Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fox Street |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Fox Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fox Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fox Street |