£325,197
This estimated value is based upon the latest sale price for the house of £270,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £270,000 | 27 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 March 2020 the House Price Index for MEDWAY was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £270,000 results in an estimated price of approximately £325,197.
| 27 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £270,000 | £55,197 | £325,197 |
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 | 28.362 % | £76,577 | £346,577 |
| 3 Month Average | -1.954 % | £-5,275 | £264,724 |
| 6 Month Average | 22.608 % | £61,042 | £331,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £362,365 | £357,000 | 112 WAYFIELD ROAD |
| 18 Sep 2023 | £314,015 | £310,000 | 157A WAYFIELD ROAD |
| 30 Jun 2022 | £339,802 | £335,000 | 154 WAYFIELD ROAD |
| 22 Apr 2022 | £113,278 | £110,000 | 179 WAYFIELD ROAD |
| 14 Jan 2022 | £315,722 | £300,000 | 4 MOUNTBATTEN AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 14 Jan 2020. Using an estimated price of £325,198 means this house is valued at £3,284 per sq meter (£305 per sq foot).
The average size of a house on WAYFIELD ROAD is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Wayfield Road | |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Wayfield Road |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Frost Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tedder Avenue |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Tedder Avenue |