£359,689
This estimated value is based upon the latest sale price for the house of £291,000 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £291,000 | 27 Sep 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 September 2019 the House Price Index for MEDWAY was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £291,000 results in an estimated price of approximately £359,689.
| 27 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £291,000 | £68,689 | £359,689 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 15.056 % | £43,811 | £334,811 |
| 3 Month Average | 14.732 % | £42,870 | £333,870 |
| 6 Month Average | 9.903 % | £28,816 | £319,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £358,912 | £351,000 | 6 TAVERNERS ROAD |
| 24 Jun 2022 | £459,829 | £450,000 | 54 CHERITON ROAD |
| 1 Feb 2022 | £338,066 | £320,000 | 153 MAIDSTONE ROAD |
| 30 Jul 2021 | £376,276 | £325,000 | 202 MAIDSTONE ROAD |
| 27 Mar 2020 | £430,740 | £355,000 | 10 BETTESCOMBE ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 2 May 2019. Using an estimated price of £359,690 means this house is valued at £4,282 per sq meter (£397 per sq foot).
The average size of a house on MAIDSTONE ROAD is 122 sq meters (1,314 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Ringwood Close |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Highfield Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Highfield Road |
| Jul 2024 | Possession of weapons | Under investigation | On or near Cheriton Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Beacon Close |