£281,053
This estimated value is based upon the latest sale price for the house of £227,500 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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Price Paid | Date |
---|---|
£227,500 | 25 Oct 2019 |
£181,000 | 30 Sep 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 October 2019 the House Price Index for KENT was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £227,500 results in an estimated price of approximately £281,053.
25 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £227,500 | £53,553 | £281,053 |
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 | 49.113 % | £111,733 | £339,233 |
3 Month Average | 14.136 % | £32,158 | £259,658 |
6 Month Average | -14.112 % | £-32,104 | £195,395 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £255,635 | £250,000 | 34 STANLEY ROAD |
27 Feb 2023 | £251,681 | £250,000 | 3 WIGG HOUSE MEDWAY ROAD |
23 Feb 2023 | £133,894 | £133,000 | FLAT 5 122 UPPER GROSVENOR ROAD |
17 Feb 2023 | £241,614 | £240,000 | 57 KENSINGTON COURT MEDWAY ROAD |
10 Feb 2023 | £135,908 | £135,000 | FLAT 2 122 UPPER GROSVENOR ROAD |
This house has a floor area of 59 sq meters or 641 sq feet when measured on 29 Nov 2010. Using an estimated price of £281,054 means this house is valued at £4,713 per sq meter (£437 per sq foot).
The average size of a house on MEDWAY ROAD is 67 sq meters (726 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Medway Road | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Medway Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Medway Road |
Jun 2024 | Anti-social behaviour | On or near Grosvenor Bridge | |
Jun 2024 | Anti-social behaviour | On or near Grosvenor Bridge |