£369,078
This estimated value is based upon the latest sale price for the house of £272,500 on 18 Apr 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £272,500 | 18 Apr 2016 |
| £196,500 | 18 May 2004 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2016 the House Price Index for MEDWAY was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £272,500 results in an estimated price of approximately £369,078.
| 18 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £272,500 | £96,578 | £369,078 |
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 | 101.081 % | £275,444 | £547,944 |
| 3 Month Average | 11.491 % | £31,313 | £303,813 |
| 6 Month Average | 32.389 % | £88,261 | £360,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £395,051 | £390,000 | 5 BOXLEY ROAD |
| 4 Aug 2023 | £388,398 | £385,000 | 4 MARION CLOSE |
| 28 Jul 2023 | £395,321 | £390,000 | 28 BOXLEY ROAD |
| 28 Apr 2023 | £394,245 | £390,000 | 41 BOXLEY ROAD |
| 23 May 2022 | £336,337 | £330,000 | 11 FRANCIS DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 9 Mar 2015. Using an estimated price of £369,078 means this house is valued at £4,291 per sq meter (£398 per sq foot).
The average size of a house on BOXLEY ROAD is 117 sq meters (1,264 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Francis Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Francis Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Betteridge Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheriff Drive |