£190,732
This estimated value is based upon the latest sale price for the house of £112,900 on 17 Nov 2006. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Albert Road
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| Price Paid | Date |
|---|---|
| £112,900 | 17 Nov 2006 |
| £69,995 | 11 Oct 2002 |
| £55,000 | 11 Jan 2002 |
| £25,000 | 19 Mar 1997 |
| Semi-Detached |
| Freehold |
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 November 2006 the House Price Index for MEDWAY was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £112,900 results in an estimated price of approximately £190,732.
| 17 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.940 % | £112,900 | £77,832 | £190,732 |
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 | 62.354 % | £70,397 | £183,297 |
| 3 Month Average | 57.963 % | £65,440 | £178,340 |
| 6 Month Average | 68.563 % | £77,407 | £190,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £230,000 | £230,000 | 61 ERNEST ROAD |
| 3 Apr 2024 | £174,011 | £172,500 | BRAEMAR ALBERT ROAD |
| 15 Dec 2023 | £200,150 | £194,000 | 18 ERNEST ROAD |
| 2 Oct 2023 | £255,810 | £250,000 | 58 ERNEST ROAD |
| 13 Apr 2023 | £30,572 | £30,000 | 76 ALBERT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Unable to prosecute suspect | On or near Albert Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Albert Road |
| Sep 2024 | Criminal damage and arson | Awaiting court outcome | On or near Albert Road |