£366,298
This estimated value is based upon the latest sale price for the house of £357,000 on 10 Nov 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £357,000 | 10 Nov 2023 |
| £278,000 | 29 Mar 2018 |
| £94,000 | 1 Nov 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 November 2023 the House Price Index for MEDWAY was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £357,000 results in an estimated price of approximately £366,298.
| 10 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £357,000 | £9,298 | £366,298 |
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 | -16.759 % | £-59,830 | £297,169 |
| 3 Month Average | 1.091 % | £3,895 | £360,895 |
| 6 Month Average | -4.775 % | £-17,045 | £339,954 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £366,298 | £357,000 | 112 WAYFIELD ROAD |
| 18 Sep 2023 | £316,988 | £310,000 | 157A WAYFIELD ROAD |
| 25 Aug 2023 | £231,169 | £227,000 | 68 WAYFIELD ROAD |
| 1 Feb 2023 | £337,253 | £335,000 | 7A MONTGOMERY AVENUE |
| 9 Mar 2022 | £229,665 | £220,000 | 17 MONTGOMERY AVENUE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 23 May 2017. Using an estimated price of £366,298 means this house is valued at £3,488 per sq meter (£324 per sq foot).
The average size of a house on WAYFIELD ROAD is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Montgomery Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Montgomery Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Montgomery Avenue |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Montgomery Avenue |
| Jul 2024 | Other crime | Under investigation | On or near Packer Place |