£527,968
This estimated value is based upon the latest sale price for the house of £310,000 on 10 Aug 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £310,000 | 10 Aug 2012 |
| £77,000 | 18 Oct 1995 |
| Detached |
| Freehold |
| Floor Area: 372 sq meters or 4,004 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 2012 the House Price Index for MEDWAY was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £310,000 results in an estimated price of approximately £527,968.
| 10 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £310,000 | £217,968 | £527,968 |
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 | 155.952 % | £483,452 | £793,452 |
| 3 Month Average | 59.178 % | £183,451 | £493,451 |
| 6 Month Average | 94.328 % | £292,416 | £602,416 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £456,762 | £450,000 | 28B CHESTNUT AVENUE |
| 7 Jul 2023 | £273,683 | £270,000 | 357 WALDERSLADE ROAD |
| 28 Apr 2023 | £379,082 | £375,000 | 7 PRINCES AVENUE |
| 14 Apr 2023 | £384,136 | £380,000 | 6 OAKLAND CLOSE |
| 7 Mar 2023 | £307,901 | £305,000 | 5 PRINCES AVENUE |
This house has a floor area of 372 sq meters or 4,004 sq feet when measured on 2 Mar 2012. Using an estimated price of £527,969 means this house is valued at £1,419 per sq meter (£131 per sq foot).
The average size of a house on WALDERSLADE ROAD is 105 sq meters (1,139 sq feet).
This house is the largest in the street with a floor area of 372 sq meters (4,004 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakhurst Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakhurst Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Manor Gardens |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area |