£427,290
This estimated value is based upon the latest sale price for the house of £250,000 on 7 Mar 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 7 Mar 2012 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,336 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 2012 the House Price Index for MEDWAY was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £250,000 results in an estimated price of approximately £427,290.
| 7 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £250,000 | £177,290 | £427,290 |
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 | 42.097 % | £105,242 | £355,242 |
| 3 Month Average | 58.930 % | £147,323 | £397,323 |
| 6 Month Average | 90.367 % | £225,916 | £475,916 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £487,213 | £480,000 | 51 MAYFORD ROAD |
| 15 Jul 2022 | £586,579 | £585,000 | 18 MAYFORD ROAD |
| 13 May 2022 | £275,185 | £270,000 | 4 WHEATFIELDS |
| 24 Mar 2022 | £406,733 | £392,500 | 10 LADYFIELDS |
| 30 Nov 2021 | £200,080 | £185,000 | 6 COMPTON CLOSE |
This house has a floor area of 124 sq meters or 1,336 sq feet when measured on 13 May 2011. Using an estimated price of £427,291 means this house is valued at £3,442 per sq meter (£319 per sq foot).
The average size of a house on MAYFORD ROAD is 125 sq meters (1,346 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Mayford Road | |
| Jan 2024 | Anti-social behaviour | On or near Mayford Road | |
| Jan 2024 | Anti-social behaviour | On or near Mayford Road | |
| Feb 2024 | Anti-social behaviour | On or near Barrowfields | |
| Feb 2024 | Anti-social behaviour | On or near Barrowfields |