£258,612
This estimated value is based upon the latest sale price for the house of £58,000 on 30 Apr 1999. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £58,000 | 30 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 1999 the House Price Index for MEDWAY was 33.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 345.883%.Applying this 345.883% change to the original purchase price of £58,000 results in an estimated price of approximately £258,612.
| 30 Apr 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 148.6 | 345.883 % | £58,000 | £200,612 | £258,612 |
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 | 504.013 % | £292,327 | £350,327 |
| 3 Month Average | 316.966 % | £183,840 | £241,840 |
| 6 Month Average | 336.978 % | £195,447 | £253,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £270,737 | £266,000 | 8 FORDWICH GREEN |
| 31 Jan 2023 | £266,246 | £267,500 | 8 SELLINGE GREEN |
| 31 Jan 2023 | £293,617 | £295,000 | 193 BEECHINGS WAY |
| 30 Jun 2022 | £273,870 | £270,000 | 29 CRUNDALE ROAD |
| 10 Dec 2021 | £278,558 | £260,000 | 29 MILSTED ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 1 Oct 2014. Using an estimated price of £258,612 means this house is valued at £3,358 per sq meter (£312 per sq foot).
The average size of a house on BEECHINGS WAY is 82 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beechings Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beechings Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Beechings Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cranbrook Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cranbrook Close |