£321,810
This estimated value is based upon the latest sale price for the house of £255,000 on 24 Oct 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£255,000 | 24 Oct 2017 |
£119,000 | 5 Oct 2011 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 2017 the House Price Index for MEDWAY was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £255,000 results in an estimated price of approximately £321,810.
24 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £255,000 | £66,810 | £321,810 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | -15.002 % | £-38,255 | £216,744 |
3 Month Average | -0.482 % | £-1,230 | £253,769 |
6 Month Average | 24.065 % | £61,365 | £316,365 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £346,055 | £340,000 | 38 BIRCHFIELDS |
4 Aug 2023 | £141,236 | £140,000 | FLAT 11 WOODLANDS COURT WALDERSLADE CENTRE |
28 Jul 2023 | £324,366 | £320,000 | 36 BIRCHFIELDS |
7 Jul 2023 | £273,683 | £270,000 | 357 WALDERSLADE ROAD |
28 Apr 2023 | £96,034 | £95,000 | FLAT 10 SILVER BIRCHES BIRCHFIELDS |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 19 Jun 2017. Using an estimated price of £321,810 means this house is valued at £4,290 per sq meter (£398 per sq foot).
The average size of a house on WALDERSLADE ROAD is 105 sq meters (1,139 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
Dec 2023 | Anti-social behaviour | On or near Supermarket | |
Dec 2023 | Anti-social behaviour | On or near Supermarket | |
Dec 2023 | Anti-social behaviour | On or near Supermarket | |
Dec 2023 | Anti-social behaviour | On or near Supermarket |