£314,372
This estimated value is based upon the latest sale price for the house of £250,000 on 6 Apr 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 6 Apr 2018 |
| £167,000 | 29 Nov 2013 |
| £110,000 | 9 Sep 2009 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £250,000 results in an estimated price of approximately £314,372.
| 6 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £250,000 | £64,372 | £314,372 |
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 | 46.450 % | £116,124 | £366,124 |
| 3 Month Average | 13.094 % | £32,736 | £282,736 |
| 6 Month Average | 21.056 % | £52,638 | £302,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £195,439 | £191,000 | 61 WINDSOR ROAD |
| 25 Aug 2023 | £213,857 | £210,000 | 161 BALMORAL ROAD |
| 30 Nov 2022 | £219,971 | £221,000 | 189 BALMORAL ROAD |
| 19 Aug 2022 | £193,907 | £193,000 | FLAT C 84 WINDSOR ROAD |
| 26 Jul 2022 | £277,783 | £275,000 | 58 WINDSOR ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 12 Aug 2013. Using an estimated price of £314,373 means this house is valued at £3,417 per sq meter (£317 per sq foot).
The average size of a house on BALMORAL ROAD is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Windsor Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Road |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Buckingham Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckingham Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckingham Road |