£358,133
This estimated value is based upon the latest sale price for the house of £355,000 on 9 Aug 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £355,000 | 9 Aug 2023 |
| £460,000 | 7 Mar 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2023 the House Price Index for MEDWAY was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £355,000 results in an estimated price of approximately £358,133.
| 9 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £355,000 | £3,133 | £358,133 |
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 | -24.260 % | £-86,123 | £268,876 |
| 3 Month Average | -18.239 % | £-64,748 | £290,251 |
| 6 Month Average | 3.776 % | £13,406 | £368,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £358,133 | £355,000 | 1 COURT BUSHES KING GEORGE ROAD |
| 9 Aug 2023 | £274,401 | £272,000 | 12 BARRINGTON CLOSE |
| 15 Jun 2023 | £242,943 | £240,000 | 186 WALDERSLADE ROAD |
| 13 Jan 2023 | £238,875 | £240,000 | 20 BARRINGTON CLOSE |
| 27 Oct 2022 | £272,071 | £275,000 | 149 WALDERSLADE ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 7 Jan 2019. Using an estimated price of £358,133 means this house is valued at £4,164 per sq meter (£386 per sq foot).
The average size of a house on KING GEORGE ROAD is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Barrington Close |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Barrington Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walderslade Road |
| Jan 2024 | Anti-social behaviour | On or near Walderslade Road | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walderslade Road |