£597,214
This estimated value is based upon the latest sale price for the house of £365,000 on 14 Oct 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £365,000 | 14 Oct 2013 |
| £180,000 | 3 Jul 1998 |
| £160,000 | 10 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 179 sq meters or 1,926 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 2013 the House Price Index for MEDWAY was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £365,000 results in an estimated price of approximately £597,214.
| 14 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £365,000 | £232,214 | £597,214 |
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 | 118.807 % | £433,644 | £798,644 |
| 3 Month Average | 46.492 % | £169,696 | £534,696 |
| 6 Month Average | 78.341 % | £285,942 | £650,942 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £346,055 | £340,000 | 38 BIRCHFIELDS |
| 28 Jul 2023 | £324,366 | £320,000 | 36 BIRCHFIELDS |
| 7 Jul 2023 | £273,683 | £270,000 | 357 WALDERSLADE ROAD |
| 28 Apr 2023 | £379,082 | £375,000 | 7 PRINCES AVENUE |
| 7 Mar 2023 | £307,901 | £305,000 | 5 PRINCES AVENUE |
This house has a floor area of 179 sq meters or 1,926 sq feet when measured on 5 Sep 2014. Using an estimated price of £597,215 means this house is valued at £3,336 per sq meter (£309 per sq foot).
The average size of a house on WALDERSLADE ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birchfields |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakhurst Close |