£285,976
This estimated value is based upon the latest sale price for the house of £190,000 on 22 Sep 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £190,000 | 22 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 September 2014 the House Price Index for MEDWAY 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 £190,000 results in an estimated price of approximately £285,976.
| 22 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £190,000 | £95,976 | £285,976 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 40.118 % | £76,223 | £266,223 |
| 3 Month Average | 52.165 % | £99,113 | £289,113 |
| 6 Month Average | 60.491 % | £114,931 | £304,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £334,502 | £330,000 | 1 CHUTE CLOSE |
| 3 Mar 2023 | £292,758 | £290,000 | 31 BEKE ROAD |
| 21 Oct 2022 | £277,017 | £280,000 | 2 CONYERS WALK |
| 9 May 2022 | £295,569 | £290,000 | 8 CRISPE CLOSE |
| 21 Apr 2022 | £375,877 | £365,000 | 7 CHISLET WALK |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 28 Jan 2015. Using an estimated price of £285,976 means this house is valued at £4,930 per sq meter (£458 per sq foot).
The average size of a house on BEKE ROAD is 99 sq meters (1,071 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beke Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Crispe Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Craddock Way |
| Feb 2024 | Other theft | Under investigation | On or near Craddock Way |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fane Way |