£457,098
This estimated value is based upon the latest sale price for the house of £370,000 on 10 Oct 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £370,000 | 10 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2019 the House Price Index for MEDWAY was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £370,000 results in an estimated price of approximately £457,098.
| 10 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £370,000 | £87,098 | £457,098 |
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 | 23.670 % | £87,580 | £457,580 |
| 3 Month Average | 14.709 % | £54,422 | £424,422 |
| 6 Month Average | 12.359 % | £45,729 | £415,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £485,000 | £485,000 | 15 SANDOWN DRIVE |
| 23 Aug 2024 | £350,000 | £350,000 | 17 SANDOWN DRIVE |
| 1 Aug 2023 | £311,620 | £306,000 | 26 SANDOWN DRIVE |
| 24 Mar 2023 | £530,866 | £522,000 | 278 MAIDSTONE ROAD |
| 23 Feb 2023 | £340,273 | £338,000 | 19 BRANSGORE CLOSE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 19 Nov 2014. Using an estimated price of £457,098 means this house is valued at £4,155 per sq meter (£386 per sq foot).
The average size of a house on MAIDSTONE ROAD is 122 sq meters (1,314 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Camellia Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandown Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Windermere Drive |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Highfield Road |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Highfield Road |