£245,727
This estimated value is based upon the latest sale price for the house of £180,000 on 19 Feb 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £180,000 | 19 Feb 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 2016 the House Price Index for MEDWAY was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £180,000 results in an estimated price of approximately £245,727.
| 19 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £180,000 | £65,727 | £245,727 |
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 | 46.861 % | £84,349 | £264,349 |
| 3 Month Average | 28.623 % | £51,520 | £231,520 |
| 6 Month Average | 43.839 % | £78,909 | £258,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £241,729 | £237,500 | 281 GILLINGHAM ROAD |
| 25 Sep 2023 | £287,678 | £284,000 | 61 PRIESTFIELD ROAD |
| 25 Aug 2023 | £233,039 | £231,000 | 85 PRIESTFIELD ROAD |
| 28 Jul 2023 | £215,906 | £213,000 | 11 PRIESTFIELD ROAD |
| 7 Mar 2023 | £208,464 | £206,500 | 51 PRIESTFIELD ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 3 Dec 2015. Using an estimated price of £245,727 means this house is valued at £3,110 per sq meter (£288 per sq foot).
The average size of a house on GILLINGHAM ROAD is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Priestfield Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Priestfield Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Priestfield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priestfield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priestfield Road |