£222,265
This estimated value is based upon the latest sale price for the house of £175,000 on 4 Aug 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There have been two burglaries within the last year on or near King'S Road
More crime details
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| Price Paid | Date |
|---|---|
| £175,000 | 4 Aug 2017 |
| £80,000 | 18 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2017 the House Price Index for MEDWAY was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £175,000 results in an estimated price of approximately £222,265.
| 4 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £175,000 | £47,265 | £222,265 |
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 | 23.938 % | £41,892 | £216,892 |
| 3 Month Average | 8.140 % | £14,244 | £189,244 |
| 6 Month Average | 30.211 % | £52,869 | £227,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £222,698 | £220,000 | 10 KINGS ROAD |
| 28 Apr 2023 | £229,976 | £227,500 | 41 QUEENS ROAD |
| 22 Sep 2022 | £292,637 | £295,000 | 34B BEACON HILL |
| 12 Aug 2022 | £678,175 | £680,000 | 24 QUEENS ROAD |
| 22 Jun 2022 | £213,010 | £210,000 | 31 KINGS ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 14 Sep 2015. Using an estimated price of £222,266 means this house is valued at £3,044 per sq meter (£282 per sq foot).
The average size of a house on KINGS ROAD is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King'S Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near King'S Road |
| Feb 2024 | Burglary | Under investigation | On or near King'S Road |
| Feb 2024 | Burglary | Under investigation | On or near King'S Road |
| Dec 2023 | Anti-social behaviour | On or near King'S Road |