£299,809
This estimated value is based upon the latest sale price for the house of £293,000 on 11 Oct 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £293,000 | 11 Oct 2023 |
| £233,000 | 12 Oct 2020 |
| £210,000 | 6 Oct 2016 |
| £84,950 | 18 Sep 2000 |
| £64,000 | 24 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 October 2023 the House Price Index for MEDWAY was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £293,000 results in an estimated price of approximately £299,809.
| 11 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £293,000 | £6,809 | £299,809 |
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 | 72.084 % | £211,207 | £504,207 |
| 3 Month Average | 2.921 % | £8,557 | £301,557 |
| 6 Month Average | 3.298 % | £9,662 | £302,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £299,809 | £293,000 | 210 BEACON ROAD |
| 1 Sep 2023 | £257,680 | £252,000 | 146 BEACON ROAD |
| 14 Jun 2023 | £260,215 | £255,000 | 214 BEACON ROAD |
| 28 Apr 2023 | £231,836 | £227,500 | 41 QUEENS ROAD |
| 2 Feb 2023 | £186,244 | £185,000 | 11 WARD VIEW |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 26 Sep 2016. Using an estimated price of £299,809 means this house is valued at £3,223 per sq meter (£299 per sq foot).
The average size of a house on BEACON ROAD is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Queen'S Road | |
| Sep 2024 | Anti-social behaviour | On or near Queen'S Road | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Queen'S Road |
| Sep 2024 | Anti-social behaviour | On or near Beacon Hill |