£355,864
This estimated value is based upon the latest sale price for the house of £235,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £235,000 | 29 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 2014 the House Price Index for MEDWAY was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £235,000 results in an estimated price of approximately £355,864.
| 29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £235,000 | £120,864 | £355,864 |
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 | 137.262 % | £322,566 | £557,566 |
| 3 Month Average | 55.971 % | £131,532 | £366,532 |
| 6 Month Average | 61.309 % | £144,075 | £379,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £432,236 | £427,000 | 118 ELMSTONE ROAD |
| 26 Oct 2022 | £316,591 | £320,000 | 94 BETTESCOMBE ROAD |
| 22 Jul 2022 | £396,066 | £395,000 | 138 BETTESCOMBE ROAD |
| 22 Jun 2022 | £284,014 | £280,000 | 72 BETTESCOMBE ROAD |
| 18 Mar 2022 | £459,582 | £443,500 | 139 TAVERNERS ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 29 May 2014. Using an estimated price of £355,865 means this house is valued at £2,780 per sq meter (£258 per sq foot).
The average size of a house on BETTESCOMBE ROAD is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bettescombe Road |
| Jan 2024 | Anti-social behaviour | On or near Wentworth Drive | |
| Jan 2024 | Anti-social behaviour | On or near Wentworth Drive | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wentworth Drive |
| Jan 2024 | Anti-social behaviour | On or near Wentworth Drive |