£285,769
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Dec 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 17 Dec 2020 |
| £178,000 | 23 Jun 2015 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2020 the House Price Index for MEDWAY was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £250,000 results in an estimated price of approximately £285,769.
| 17 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £250,000 | £35,769 | £285,769 |
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 | 40.853 % | £102,132 | £352,132 |
| 3 Month Average | -6.965 % | £-17,411 | £232,588 |
| 6 Month Average | 11.067 % | £27,666 | £277,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £265,898 | £265,000 | 8 THE HAWTHORNS |
| 24 Aug 2023 | £257,566 | £256,000 | 91 WALDERSLADE ROAD |
| 25 Jul 2023 | £318,008 | £315,000 | 53 MEADSIDE WALK |
| 26 Jun 2023 | £287,330 | £285,000 | 85 WALDERSLADE ROAD |
| 24 Mar 2023 | £534,891 | £532,000 | 106 WALDERSLADE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 14 Feb 2015. Using an estimated price of £285,770 means this house is valued at £3,284 per sq meter (£305 per sq foot).
The average size of a house on WALDERSLADE ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burma Way |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Burma Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burma Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burma Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burma Way |