£301,422
This estimated value is based upon the latest sale price for the house of £247,000 on 28 May 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £247,000 | 28 May 2019 |
| £178,000 | 31 Jul 2014 |
| £155,000 | 1 Nov 2006 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2019 the House Price Index for MEDWAY was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.033%.Applying this 22.033% change to the original purchase price of £247,000 results in an estimated price of approximately £301,422.
| 28 May 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.033 % | £247,000 | £54,422 | £301,422 |
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 | -3.751 % | £-9,263 | £237,736 |
| 3 Month Average | -5.444 % | £-13,447 | £233,552 |
| 6 Month Average | 7.691 % | £18,997 | £265,997 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 20 Jun 2013.
The average size of a house on BALFOUR ROAD is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beresford Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wyndham Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wyndham Road |
| Feb 2024 | Other theft | Under investigation | On or near Wyndham Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wyndham Road |