£393,062
This estimated value is based upon the latest sale price for the house of £318,000 on 13 Sep 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £318,000 | 13 Sep 2019 |
| £115,000 | 10 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 £318,000 results in an estimated price of approximately £393,062.
| 13 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £318,000 | £75,062 | £393,062 |
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 | 23.815 % | £75,731 | £393,731 |
| 3 Month Average | 30.876 % | £98,186 | £416,186 |
| 6 Month Average | 21.072 % | £67,008 | £385,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £341,153 | £335,000 | 15 DANE CLOSE |
| 4 Aug 2023 | £254,592 | £250,000 | 3 DANE CLOSE |
| 5 Apr 2023 | £392,338 | £385,000 | 110 BALLENS ROAD |
| 14 Feb 2023 | £312,085 | £310,000 | 227 BALLENS ROAD |
| 17 Jun 2022 | £316,771 | £310,000 | 115 BALLENS ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 21 May 2019. Using an estimated price of £393,063 means this house is valued at £3,094 per sq meter (£287 per sq foot).
The average size of a house on BALLENS ROAD is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Dane Close | |
| Sep 2024 | Anti-social behaviour | On or near Dane Close | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mincers Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mincers Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mincers Close |