£267,520
This estimated value is based upon the latest sale price for the house of £240,000 on 6 Oct 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £240,000 | 6 Oct 2021 |
| £145,000 | 26 Mar 2007 |
| £115,000 | 15 Jul 2005 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2021 the House Price Index for MEDWAY was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £240,000 results in an estimated price of approximately £267,520.
| 6 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £240,000 | £27,520 | £267,520 |
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 | 0.480 % | £1,152 | £241,152 |
| 3 Month Average | -2.329 % | £-5,588 | £234,411 |
| 6 Month Average | -3.033 % | £-7,278 | £232,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £92,092 | £90,000 | 3 MATTHEWS COURT |
| 6 Oct 2023 | £255,810 | £250,000 | 7 BERESFORD ROAD |
| 20 Apr 2023 | £219,098 | £215,000 | 80 BERESFORD ROAD |
| 15 Aug 2022 | £276,292 | £275,000 | 104 BERESFORD ROAD |
| 15 Aug 2022 | £426,997 | £425,000 | 10 MARATHON PADDOCK |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 24 Jun 2019. Using an estimated price of £267,520 means this house is valued at £2,523 per sq meter (£234 per sq foot).
The average size of a house on BERESFORD ROAD is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beresford Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beresford Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beresford Road |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Marathon Paddock |
| Jun 2024 | Anti-social behaviour | On or near Marathon Paddock |