£184,813
This estimated value is based upon the latest sale price for the house of £123,000 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £123,000 | 5 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2014 the House Price Index for MEDWAY was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £123,000 results in an estimated price of approximately £184,813.
| 5 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £123,000 | £61,813 | £184,813 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 71.125 % | £87,484 | £210,484 |
| 3 Month Average | 56.103 % | £69,006 | £192,006 |
| 6 Month Average | 54.793 % | £67,395 | £190,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £205,209 | £200,000 | 11 BYRON ROAD |
| 24 Mar 2023 | £373,233 | £367,000 | 84 ROCK AVENUE |
| 23 Feb 2022 | £184,880 | £175,000 | BUNGALOW, 1B BYRON ROAD |
| 4 Feb 2022 | £63,387 | £60,000 | 296A CANTERBURY STREET |
| 8 Nov 2021 | £288,723 | £265,000 | 56 MILTON ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 16 Oct 2014. Using an estimated price of £184,814 means this house is valued at £1,966 per sq meter (£182 per sq foot).
The average size of a house on BYRON ROAD is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Milton Road |
| Sep 2024 | Drugs | Under investigation | On or near Milton Road |
| Aug 2024 | Possession of weapons | Under investigation | On or near Milton Road |
| Aug 2024 | Drugs | Under investigation | On or near Milton Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Road |