£1,027,924
This estimated value is based upon the latest sale price for the house of £600,000 on 21 Apr 2011. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £600,000 | 21 Apr 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,017 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 April 2011 the House Price Index for MEDWAY was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £600,000 results in an estimated price of approximately £1,027,924.
| 21 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 148.6 | 71.321 % | £600,000 | £427,924 | £1,027,924 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 26.149 % | £156,896 | £756,896 |
| 3 Month Average | 75.010 % | £450,059 | £1,050,059 |
| 6 Month Average | 79.246 % | £475,477 | £1,075,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £559,898 | £555,000 | 1 ROEBUCK ROAD |
| 21 Jul 2023 | £1,307,599 | £1,290,000 | 52 ST MARGARETS STREET |
| 1 Jun 2023 | £465,640 | £460,000 | 43 ST MARGARETS STREET |
| 28 Apr 2023 | £756,142 | £748,000 | 2A ROEBUCK ROAD |
| 30 Jan 2023 | £587,234 | £590,000 | 13 ROEBUCK ROAD |
This house has a floor area of 187 sq meters or 2,017 sq feet when measured on 16 Jul 2010. Using an estimated price of £1,027,925 means this house is valued at £5,484 per sq meter (£509 per sq foot).
The average size of a house on KING EDWARD ROAD is 226 sq meters (2,436 sq feet).
This house is the largest in the street with a floor area of 187 sq meters (2,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Margaret'S Street |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near St Margaret'S Street |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Malt Mews |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malt Mews |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malt Mews |