£379,480
This estimated value is based upon the latest sale price for the house of £260,000 on 22 May 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £260,000 | 22 May 2015 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 May 2015 the House Price Index for MEDWAY was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £260,000 results in an estimated price of approximately £379,480.
| 22 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £260,000 | £119,480 | £379,480 |
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 | 118.492 % | £308,079 | £568,079 |
| 3 Month Average | 50.882 % | £132,292 | £392,292 |
| 6 Month Average | 55.274 % | £143,712 | £403,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2023 | £415,918 | £412,000 | 40 ROBERTS ROAD |
| 6 Jan 2023 | £288,640 | £290,000 | 61 ROBERTS ROAD |
| 17 Nov 2021 | £594,833 | £550,000 | 51 LONDON ROAD |
| 29 Sep 2021 | £409,485 | £380,000 | 2 ROBERTS ROAD |
| 17 Sep 2021 | £301,893 | £280,155 | 1 ROBERTS ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 6 Feb 2015. Using an estimated price of £379,480 means this house is valued at £4,464 per sq meter (£414 per sq foot).
The average size of a house on MAIDSTONE ROAD is 122 sq meters (1,314 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durrell Place |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Robbery | Awaiting court outcome | On or near Quinnell Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Quinnell Street |