£288,986
This estimated value is based upon the latest sale price for the house of £192,000 on 19 Sep 2014. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £192,000 | 19 Sep 2014 |
| £205,000 | 4 Jul 2014 |
| £176,000 | 31 Jan 2011 |
| £170,000 | 29 Oct 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 641 sq feet |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in September 2014 the House Price Index for KENT was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £192,000 results in an estimated price of approximately £288,986.
| 19 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £192,000 | £96,986 | £288,986 |
The Postcode Pricing Model uses changes in average sales price within the TN1 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 | 48.307 % | £92,749 | £284,749 |
| 3 Month Average | 13.554 % | £26,023 | £218,023 |
| 6 Month Average | 24.595 % | £47,222 | £239,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £253,238 | £250,000 | 34 STANLEY ROAD |
| 21 Jul 2023 | £273,683 | £270,000 | 2 WIGG HOUSE MEDWAY ROAD |
| 17 Jul 2023 | £152,046 | £150,000 | FLAT 1 128 UPPER GROSVENOR ROAD |
| 27 Feb 2023 | £249,832 | £250,000 | 3 WIGG HOUSE MEDWAY ROAD |
| 23 Feb 2023 | £132,911 | £133,000 | FLAT 5 122 UPPER GROSVENOR ROAD |
This house has a floor area of 59 sq meters or 641 sq feet when measured on 12 Oct 2010. Using an estimated price of £288,987 means this house is valued at £4,846 per sq meter (£450 per sq foot).
The average size of a house on MEDWAY ROAD is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Medway Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Medway Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Medway Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Medway Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Bridge |