£216,699
This estimated value is based upon the latest sale price for the house of £133,000 on 5 Mar 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£133,000 | 5 Mar 2007 |
£120,000 | 15 Oct 2004 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 2007 the House Price Index for MEDWAY was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £133,000 results in an estimated price of approximately £216,699.
5 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 149.7 | 62.932 % | £133,000 | £83,699 | £216,699 |
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 | 61.677 % | £82,030 | £215,030 |
3 Month Average | 66.555 % | £88,517 | £221,517 |
6 Month Average | 71.928 % | £95,663 | £228,663 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £211,840 | £210,000 | 14 WINDSOR ROAD |
24 Nov 2023 | £241,121 | £235,000 | 45 WINDSOR ROAD |
20 Oct 2023 | £363,250 | £355,000 | 128 BALMORAL ROAD |
20 Sep 2023 | £273,530 | £267,500 | 136 FRANKLIN ROAD |
29 Mar 2023 | £198,312 | £195,000 | 18 WINDSOR ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 17 May 2018. Using an estimated price of £216,700 means this house is valued at £2,549 per sq meter (£236 per sq foot).
The average size of a house on BALMORAL ROAD is 94 sq meters (1,018 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Awaiting court outcome | On or near Buckingham Road |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckingham Road |
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Buckingham Road |
Aug 2024 | Violence and sexual offences | Local resolution | On or near Buckingham Road |
Jul 2024 | Criminal damage and arson | Local resolution | On or near Buckingham Road |