£268,385
This estimated value is based upon the latest sale price for the house of £152,500 on 5 Oct 2009. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £152,500 | 5 Oct 2009 |
| £160,500 | 1 Jul 2005 |
| £145,000 | 11 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 974 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 October 2009 the House Price Index for MEDWAY was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £152,500 results in an estimated price of approximately £268,385.
| 5 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 148.6 | 75.990 % | £152,500 | £115,885 | £268,385 |
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 | 55.947 % | £85,319 | £237,819 |
| 3 Month Average | 39.135 % | £59,680 | £212,180 |
| 6 Month Average | 74.716 % | £113,942 | £266,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £269,861 | £267,500 | 7 ROSEBERY ROAD |
| 28 Jul 2023 | £314,229 | £310,000 | 40 WYNDHAM ROAD |
| 31 May 2022 | £268,051 | £263,000 | 7 WYNDHAM ROAD |
| 13 May 2022 | £176,322 | £173,000 | FLAT 70 CHARLESWORTH HOUSE BALFOUR ROAD |
| 5 May 2022 | £453,546 | £445,000 | 46 BERESFORD AVENUE |
This house has a floor area of 90 sq meters or 974 sq feet when measured on 14 Apr 2009. Using an estimated price of £268,385 means this house is valued at £2,965 per sq meter (£275 per sq foot).
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 |