£247,646
This estimated value is based upon the latest sale price for the house of £172,000 on 11 Aug 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £172,000 | 11 Aug 2015 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 August 2015 the House Price Index for MEDWAY was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £172,000 results in an estimated price of approximately £247,646.
| 11 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £172,000 | £75,646 | £247,646 |
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 | 53.227 % | £91,549 | £263,549 |
| 3 Month Average | 35.978 % | £61,882 | £233,882 |
| 6 Month Average | 41.953 % | £72,158 | £244,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £363,250 | £355,000 | 128 BALMORAL ROAD |
| 24 Aug 2023 | £101,837 | £100,000 | FLAT 2 92 BALMORAL ROAD |
| 18 Mar 2023 | £261,365 | £257,000 | 136 BALMORAL ROAD |
| 22 Jul 2022 | £262,632 | £260,000 | 113 BALMORAL ROAD |
| 16 Feb 2022 | £295,808 | £280,000 | 46 FRANKLIN ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 6 Feb 2015. Using an estimated price of £247,647 means this house is valued at £2,314 per sq meter (£215 per sq foot).
The average size of a house on BALMORAL ROAD is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Balmoral Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Balmoral Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Balmoral Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Balmoral Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Balmoral Road |