£340,722
This estimated value is based upon the latest sale price for the house of £216,666 on 21 Sep 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £216,666 | 21 Sep 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 48 sq meters or 518 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 September 2007 the House Price Index for MEDWAY was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £216,666 results in an estimated price of approximately £340,722.
| 21 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £216,666 | £124,056 | £340,722 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 48.699 % | £105,514 | £322,180 |
| 3 Month Average | 58.711 % | £127,206 | £343,872 |
| 6 Month Average | 64.873 % | £140,557 | £357,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £101,837 | £100,000 | FLAT 2 92 BALMORAL ROAD |
| 27 May 2022 | £148,879 | £145,000 | FLAT 6 35 RAILWAY STREET |
| 27 May 2022 | £116,023 | £113,000 | FLAT 5 33 RAILWAY STREET |
| 18 Apr 2022 | £198,148 | £191,000 | FLAT 3 33 RAILWAY STREET |
| 22 Dec 2021 | £361,568 | £335,000 | 93 BALMORAL ROAD |
This house has a floor area of 48 sq meters or 518 sq feet when measured on 13 Dec 2008. Using an estimated price of £340,722 means this house is valued at £7,079 per sq meter (£657 per sq foot).
The average size of a house on BALMORAL ROAD is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gillingham |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gillingham |
| Oct 2024 | Public order | Offender given a caution | On or near Gillingham |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gillingham |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Gillingham |