£288,920
This estimated value is based upon the latest sale price for the house of £193,000 on 16 Jan 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £193,000 | 16 Jan 2015 |
| £134,995 | 29 Nov 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 January 2015 the House Price Index for MEDWAY was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £193,000 results in an estimated price of approximately £288,920.
| 16 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £193,000 | £95,920 | £288,920 |
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 | 86.017 % | £166,013 | £359,013 |
| 3 Month Average | 69.438 % | £134,015 | £327,015 |
| 6 Month Average | 62.268 % | £120,178 | £313,178 |
| 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 75 sq meters or 807 sq feet when measured on 27 Nov 2013. Using an estimated price of £288,921 means this house is valued at £3,852 per sq meter (£357 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 | |
| Sep 2024 | Anti-social behaviour | On or near Beacon Hill | |
| Sep 2024 | Anti-social behaviour | On or near Beacon Hill | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Village View |