£256,415
This estimated value is based upon the latest sale price for the house of £170,000 on 19 Nov 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £170,000 | 19 Nov 2014 |
| £102,500 | 23 Sep 2002 |
| £34,350 | 6 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 November 2014 the House Price Index for MEDWAY was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £170,000 results in an estimated price of approximately £256,415.
| 19 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £170,000 | £86,415 | £256,415 |
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 | 54.472 % | £92,602 | £262,602 |
| 3 Month Average | 58.481 % | £99,416 | £269,416 |
| 6 Month Average | 57.868 % | £98,375 | £268,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £350,000 | £350,000 | 43 THORNHAM ROAD |
| 27 Oct 2023 | £261,949 | £256,000 | 21 ROLVENDEN AVENUE |
| 8 Sep 2023 | £339,484 | £332,000 | 36 ROLVENDEN AVENUE |
| 1 Sep 2023 | £276,086 | £270,000 | 221 BEECHINGS WAY |
| 30 Jun 2023 | £367,362 | £360,000 | 237 BEECHINGS WAY |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 5 Feb 2015. Using an estimated price of £256,415 means this house is valued at £3,287 per sq meter (£305 per sq foot).
The average size of a house on BEECHINGS WAY is 82 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Parking Area |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |