£369,692
This estimated value is based upon the latest sale price for the house of £300,000 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £300,000 | 12 Oct 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 October 2018 the House Price Index for MEDWAY was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £300,000 results in an estimated price of approximately £369,692.
| 12 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £300,000 | £69,692 | £369,692 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 81.667 % | £245,000 | £545,000 |
| 3 Month Average | 8.762 % | £26,287 | £326,287 |
| 6 Month Average | 11.383 % | £34,148 | £334,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2021 | £594,833 | £550,000 | 51 LONDON ROAD |
| 29 Sep 2021 | £409,485 | £380,000 | 2 ROBERTS ROAD |
| 17 Sep 2021 | £301,893 | £280,155 | 1 ROBERTS ROAD |
| 12 Apr 2021 | £96,545 | £85,500 | FLAT 12 COZENTON HOUSE BIRLING AVENUE |
| 18 Dec 2020 | £103,294 | £90,000 | FLAT 6 COZENTON HOUSE BIRLING AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 6 Mar 2018. Using an estimated price of £369,693 means this house is valued at £4,018 per sq meter (£373 per sq foot).
The average size of a house on MAIDSTONE ROAD is 122 sq meters (1,314 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durrell Place |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Ashurst Place | |
| Jan 2024 | Anti-social behaviour | On or near Ashurst Place |