£745,626
This estimated value is based upon the latest sale price for the house of £600,000 on 6 Dec 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £600,000 | 6 Dec 2018 |
| £312,500 | 25 Nov 2009 |
| £280,000 | 5 Jul 2005 |
| Detached |
| Freehold |
| Floor Area: 214 sq meters or 2,303 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 December 2018 the House Price Index for MEDWAY was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £600,000 results in an estimated price of approximately £745,626.
| 6 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £600,000 | £145,626 | £745,626 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -6.118 % | £-36,708 | £563,291 |
| 3 Month Average | 1.783 % | £10,696 | £610,696 |
| 6 Month Average | 20.559 % | £123,352 | £723,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £1,675,746 | £1,650,000 | ST JOHN FISHER CATHOLIC SCHOOL 79 MAIDSTONE ROAD |
| 18 Aug 2023 | £272,922 | £268,000 | 7 SCOTTS TERRACE |
| 25 Jan 2023 | £376,005 | £375,000 | 17 KING EDWARD ROAD |
| 15 Mar 2022 | £313,180 | £300,000 | 3 KING EDWARD ROAD |
| 13 Dec 2021 | £604,412 | £560,000 | 130 MAIDSTONE ROAD |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 5 Nov 2018. Using an estimated price of £745,626 means this house is valued at £3,484 per sq meter (£323 per sq foot).
The average size of a house on MAIDSTONE ROAD is 162 sq meters (1,748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near King Edward Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near King Edward Road |
| Jul 2024 | Anti-social behaviour | On or near King Edward Road | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Road |