£208,046
This estimated value is based upon the latest sale price for the house of £123,000 on 3 Dec 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £123,000 | 3 Dec 2012 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 December 2012 the House Price Index for MEDWAY was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £123,000 results in an estimated price of approximately £208,046.
| 3 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £123,000 | £85,046 | £208,046 |
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 | 22.752 % | £27,984 | £150,984 |
| 3 Month Average | 40.809 % | £50,194 | £173,194 |
| 6 Month Average | 85.676 % | £105,381 | £228,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £425,150 | £420,000 | 205 WALDERSLADE ROAD |
| 15 Jun 2023 | £242,943 | £240,000 | 186 WALDERSLADE ROAD |
| 12 Aug 2022 | £289,221 | £290,000 | 4 WEEDS WOOD ROAD |
| 20 Jul 2022 | £340,918 | £340,000 | 198 WALDERSLADE ROAD |
| 20 May 2022 | £280,281 | £275,000 | 244 WALDERSLADE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Jul 2012. Using an estimated price of £208,047 means this house is valued at £2,311 per sq meter (£214 per sq foot).
The average size of a house on WEEDS WOOD ROAD is 107 sq meters (1,157 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kings Oak Mews |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Weeds Wood Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Weeds Wood Road |
| Mar 2024 | Public order | Under investigation | On or near Weeds Wood Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weeds Wood Road |