£310,558
This estimated value is based upon the latest sale price for the house of £160,000 on 26 Aug 2004. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £160,000 | 26 Aug 2004 |
| Terraced |
| Freehold |
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 2004 the House Price Index for MEDWAY was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £160,000 results in an estimated price of approximately £310,558.
| 26 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £160,000 | £150,558 | £310,558 |
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 | 105.029 % | £168,046 | £328,046 |
| 3 Month Average | 95.507 % | £152,811 | £312,811 |
| 6 Month Average | 94.156 % | £150,650 | £310,650 |
| 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 |
| 26 Jul 2022 | £277,783 | £275,000 | 58 WINDSOR ROAD |
| 30 Jun 2022 | £281,007 | £275,000 | 245 GILLINGHAM ROAD |
| 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 |