£220,463
This estimated value is based upon the latest sale price for the house of £130,000 on 10 Jun 2010. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £130,000 | 10 Jun 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 June 2010 the House Price Index for MEDWAY was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £130,000 results in an estimated price of approximately £220,463.
| 10 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £130,000 | £90,463 | £220,463 |
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 | 23.732 % | £30,852 | £160,852 |
| 3 Month Average | 42.802 % | £55,642 | £185,642 |
| 6 Month Average | 82.872 % | £107,733 | £237,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £255,264 | £252,000 | 146 BEACON ROAD |
| 14 Jun 2023 | £258,127 | £255,000 | 214 BEACON ROAD |
| 28 Apr 2023 | £229,976 | £227,500 | 41 QUEENS ROAD |
| 2 Feb 2023 | £184,876 | £185,000 | 11 WARD VIEW |
| 1 Nov 2022 | £217,367 | £220,000 | 291 BEACON ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 6 Oct 2009. Using an estimated price of £220,463 means this house is valued at £1,530 per sq meter (£142 per sq foot).
The average size of a house on BEACON ROAD is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Jan 2024 | Anti-social behaviour | On or near Queen'S Road | |
| Jan 2024 | Anti-social behaviour | On or near Queen'S Road | |
| Jan 2024 | Anti-social behaviour | On or near Queen'S Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Beacon Hill |