£237,696
This estimated value is based upon the latest sale price for the house of £140,000 on 19 Oct 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £140,000 | 19 Oct 2012 |
| £146,000 | 6 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2012 the House Price Index for MEDWAY was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £140,000 results in an estimated price of approximately £237,696.
| 19 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £140,000 | £97,696 | £237,696 |
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 | 59.992 % | £83,989 | £223,989 |
| 3 Month Average | 76.699 % | £107,378 | £247,378 |
| 6 Month Average | 76.684 % | £107,357 | £247,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £245,744 | £242,106 | 34 BEGONIA AVENUE |
| 31 Jan 2023 | £293,617 | £295,000 | 193 BEECHINGS WAY |
| 1 Aug 2022 | £314,154 | £315,000 | 9 MILSTED ROAD |
| 30 Jun 2022 | £273,870 | £270,000 | 29 CRUNDALE ROAD |
| 7 Jun 2022 | £314,444 | £310,000 | 16 BODIAM CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 30 May 2014. Using an estimated price of £237,696 means this house is valued at £2,476 per sq meter (£230 per sq foot).
The average size of a house on MILSTED ROAD is 81 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Milsted Road | |
| Feb 2024 | Anti-social behaviour | On or near Milsted Road | |
| Dec 2023 | Burglary | Awaiting court outcome | On or near Wingham Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petham Green |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petham Green |