£418,165
This estimated value is based upon the latest sale price for the house of £179,995 on 3 Jul 2003. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £179,995 | 3 Jul 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 July 2003 the House Price Index for MEDWAY was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £179,995 results in an estimated price of approximately £418,165.
| 3 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £179,995 | £238,170 | £418,165 |
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 | 76.443 % | £137,594 | £317,589 |
| 3 Month Average | 96.513 % | £173,718 | £353,713 |
| 6 Month Average | 140.774 % | £253,386 | £433,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £273,683 | £270,000 | 23 ROTHERVALE |
| 27 Jan 2023 | £274,706 | £276,000 | 15 MEAD GREEN |
| 16 Jan 2023 | £296,105 | £297,500 | 2 NORFOLK CLOSE |
| 16 Sep 2022 | £302,557 | £305,000 | 22 ROTHERVALE |
| 17 Jun 2022 | £314,444 | £310,000 | 115 BALLENS ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 28 Jun 2021. Using an estimated price of £418,165 means this house is valued at £3,636 per sq meter (£337 per sq foot).
The average size of a house on BALLENS ROAD is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hatton Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hatton Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Ashmead Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norfolk Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Close |