£437,357
This estimated value is based upon the latest sale price for the house of £430,000 on 2 May 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £430,000 | 2 May 2023 |
| £268,500 | 16 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 2023 the House Price Index for MEDWAY was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £430,000 results in an estimated price of approximately £437,357.
| 2 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £430,000 | £7,357 | £437,357 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -37.976 % | £-163,297 | £266,702 |
| 3 Month Average | -30.215 % | £-129,923 | £300,076 |
| 6 Month Average | -9.684 % | £-41,642 | £388,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £311,270 | £307,500 | 98 PORT RISE |
| 24 Feb 2023 | £314,788 | £315,000 | 7 WESTMOUNT AVENUE |
| 28 Apr 2022 | £102,980 | £100,000 | 11 BERKELEY MOUNT |
| 21 Jul 2021 | £126,419 | £110,000 | 10 BERKELEY MOUNT |
| 29 Jun 2021 | £321,877 | £300,000 | 5 PORT RISE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 31 Mar 2014.
The average size of a house on MAIDSTONE ROAD is 162 sq meters (1,748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Awaiting court outcome | On or near Westmount Avenue |
| Feb 2024 | Drugs | Under investigation | On or near Saunders Street |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Saunders Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Saunders Street |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Saunders Street |