£200,496
This estimated value is based upon the latest sale price for the house of £118,000 on 30 Mar 2010. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £118,000 | 30 Mar 2010 |
| £90,000 | 16 Dec 2002 |
| £50,000 | 22 Mar 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 591 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 March 2010 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 69.912%.Applying this 69.912% change to the original purchase price of £118,000 results in an estimated price of approximately £200,496.
| 30 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.912 % | £118,000 | £82,496 | £200,496 |
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 | 47.056 % | £55,525 | £173,525 |
| 3 Month Average | 37.329 % | £44,047 | £162,047 |
| 6 Month Average | 72.416 % | £85,451 | £203,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £289,283 | £285,000 | 54 MAIDSTONE ROAD |
| 31 Jul 2023 | £304,093 | £300,000 | 58 MAIDSTONE ROAD |
| 24 Jan 2023 | £194,086 | £195,000 | 5 ARMADA WAY |
| 14 Apr 2022 | £221,407 | £215,000 | 49 ARMADA WAY |
| 31 Mar 2022 | £212,486 | £205,050 | 118 MOUNT ROAD |
This house has a floor area of 54 sq meters or 591 sq feet when measured on 22 Sep 2009. Using an estimated price of £200,497 means this house is valued at £3,646 per sq meter (£338 per sq foot).
The average size of a house on ARMADA WAY is 65 sq meters (700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Armada Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Armada Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Armada Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mount Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Road |