£165,796
This estimated value is based upon the latest sale price for the house of £50,000 on 23 Aug 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £50,000 | 23 Aug 2001 |
| £36,000 | 25 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 August 2001 the House Price Index for MEDWAY was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £50,000 results in an estimated price of approximately £165,796.
| 23 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £50,000 | £115,796 | £165,796 |
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 | 209.342 % | £104,671 | £154,671 |
| 3 Month Average | 214.239 % | £107,119 | £157,119 |
| 6 Month Average | 254.453 % | £127,226 | £177,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £211,853 | £210,000 | 161 BALMORAL ROAD |
| 30 Nov 2022 | £218,355 | £221,000 | 189 BALMORAL ROAD |
| 26 Jul 2022 | £275,742 | £275,000 | 58 WINDSOR ROAD |
| 30 Jun 2022 | £309,372 | £305,000 | 97 WINDSOR ROAD |
| 30 Jun 2022 | £278,942 | £275,000 | 245 GILLINGHAM ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 24 Oct 2019. Using an estimated price of £165,797 means this house is valued at £1,493 per sq meter (£138 per sq foot).
The average size of a house on BALMORAL ROAD is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Windsor Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Road |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Windsor Road |