£284,142
This estimated value is based upon the latest sale price for the house of £230,000 on 2 Oct 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £230,000 | 2 Oct 2019 |
| £146,000 | 7 Jan 2005 |
| £83,000 | 23 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 £230,000 results in an estimated price of approximately £284,142.
| 2 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £230,000 | £54,142 | £284,142 |
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 | 8.483 % | £19,511 | £249,511 |
| 3 Month Average | 15.649 % | £35,992 | £265,992 |
| 6 Month Average | 10.759 % | £24,746 | £254,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £267,321 | £265,000 | 29 ROBERTS ROAD |
| 30 Oct 2023 | £470,690 | £460,000 | 29 LONDON ROAD |
| 20 Mar 2023 | £418,997 | £412,000 | 40 ROBERTS ROAD |
| 6 Jan 2023 | £290,777 | £290,000 | 61 ROBERTS ROAD |
| 2 Sep 2022 | £389,740 | £390,000 | 4 BIRLING AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 21 Jan 2015. Using an estimated price of £284,142 means this house is valued at £4,305 per sq meter (£399 per sq foot).
The average size of a house on ROBERTS ROAD is 92 sq meters (997 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Century Road |
| Aug 2024 | Public order | Under investigation | On or near Parking Area |
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Aug 2024 | Anti-social behaviour | On or near Parking Area |