£785,017
This estimated value is based upon the latest sale price for the house of £630,000 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £630,000 | 31 Aug 2018 |
| £395,000 | 17 Jul 2009 |
| Detached |
| Freehold |
| Floor Area: 224 sq meters or 2,411 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 August 2018 the House Price Index for MEDWAY was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £630,000 results in an estimated price of approximately £785,017.
| 31 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £630,000 | £155,017 | £785,017 |
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 | 0.112 % | £707 | £630,707 |
| 3 Month Average | 7.383 % | £46,511 | £676,511 |
| 6 Month Average | 12.101 % | £76,238 | £706,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 28 Nov 2022 | £360,315 | £362,000 | 259A MAIDSTONE ROAD |
| 17 Jun 2022 | £357,645 | £350,000 | 24 KENILWORTH DRIVE |
This house has a floor area of 224 sq meters or 2,411 sq feet when measured on 22 Aug 2018. Using an estimated price of £785,018 means this house is valued at £3,504 per sq meter (£325 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 |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Mailyns |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Mailyns |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Mailyns |