£280,856
This estimated value is based upon the latest sale price for the house of £225,000 on 20 Apr 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £225,000 | 20 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 April 2018 the House Price Index for MEDWAY was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £225,000 results in an estimated price of approximately £280,856.
| 20 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £225,000 | £55,856 | £280,856 |
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 | -13.771 % | £-30,984 | £194,015 |
| 3 Month Average | -1.072 % | £-2,412 | £222,587 |
| 6 Month Average | 23.566 % | £53,022 | £278,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £389,190 | £385,000 | 110 BALLENS ROAD |
| 14 Feb 2023 | £309,792 | £310,000 | 227 BALLENS ROAD |
| 17 Jun 2022 | £314,444 | £310,000 | 115 BALLENS ROAD |
| 25 Apr 2022 | £314,089 | £305,000 | 193 BALLENS ROAD |
| 5 Apr 2022 | £343,953 | £334,000 | 37 COPPICE ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 10 Nov 2017. Using an estimated price of £280,857 means this house is valued at £5,201 per sq meter (£483 per sq foot).
The average size of a house on BALLENS ROAD is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Flint Green |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Coppice Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Coppice Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Coppice Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Dane Close |