£409,143
This estimated value is based upon the latest sale price for the house of £326,000 on 24 Jan 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £326,000 | 24 Jan 2018 |
| £275,000 | 27 Jul 2015 |
| £244,995 | 23 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,040 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 January 2018 the House Price Index for MEDWAY was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £326,000 results in an estimated price of approximately £409,143.
| 24 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £326,000 | £83,143 | £409,143 |
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 | -11.786 % | £-38,421 | £287,578 |
| 3 Month Average | 1.456 % | £4,746 | £330,746 |
| 6 Month Average | 22.024 % | £71,797 | £397,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £255,264 | £252,000 | 146 BEACON ROAD |
| 14 Jun 2023 | £258,127 | £255,000 | 214 BEACON ROAD |
| 2 Feb 2023 | £184,876 | £185,000 | 11 WARD VIEW |
| 27 Jan 2023 | £383,195 | £385,000 | 52 WARD VIEW |
| 1 Nov 2022 | £217,367 | £220,000 | 291 BEACON ROAD |
This house has a floor area of 96 sq meters or 1,040 sq feet when measured on 20 Dec 2011. Using an estimated price of £409,143 means this house is valued at £4,234 per sq meter (£393 per sq foot).
The average size of a house on WARD VIEW is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Awaiting court outcome | On or near Ash Tree Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Village View |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Village View |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Village View |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Village View |