£306,906
This estimated value is based upon the latest sale price for the house of £205,000 on 15 Oct 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Maidstone Road
More crime details
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| Price Paid | Date |
|---|---|
| £205,000 | 15 Oct 2014 |
| Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2014 the House Price Index for MEDWAY was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £205,000 results in an estimated price of approximately £306,906.
| 15 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £205,000 | £101,906 | £306,906 |
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 | 19.646 % | £40,275 | £245,275 |
| 3 Month Average | 30.628 % | £62,786 | £267,786 |
| 6 Month Average | 66.132 % | £135,571 | £340,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £308,740 | £305,000 | 33 BINLAND GROVE |
| 9 Mar 2023 | £378,567 | £375,000 | 14 THORNDALE CLOSE |
| 14 Oct 2022 | £359,628 | £363,500 | 26 THORNDALE CLOSE |
| 10 Aug 2022 | £463,752 | £465,000 | 21 HIGHVIEW DRIVE |
| 4 Aug 2022 | £334,101 | £335,000 | 26 BINLAND GROVE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 29 May 2014. Using an estimated price of £306,907 means this house is valued at £5,201 per sq meter (£483 per sq foot).
The average size of a house on WATSON AVENUE is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Maidstone Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Maidstone Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Maidstone Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Maidstone Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Maidstone Road |