£849,813
This estimated value is based upon the latest sale price for the house of £735,000 on 9 Dec 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £735,000 | 9 Dec 2020 |
| £440,000 | 27 Jan 2006 |
| £208,000 | 14 Apr 2000 |
| Detached |
| Freehold |
| Floor Area: 236 sq meters or 2,540 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 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £735,000 results in an estimated price of approximately £849,813.
| 9 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £735,000 | £114,813 | £849,813 |
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 | 22.663 % | £166,573 | £901,573 |
| 3 Month Average | 8.666 % | £63,697 | £798,697 |
| 6 Month Average | 11.298 % | £83,039 | £818,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £327,847 | £325,000 | 7 NAPWOOD CLOSE |
| 31 Oct 2023 | £373,483 | £365,000 | 47 TANKER HILL |
| 17 Apr 2023 | £387,243 | £380,000 | 339A MAIDSTONE ROAD |
| 5 Jul 2022 | £315,158 | £312,000 | 80 TANKER HILL |
| 10 Jun 2022 | £531,358 | £520,000 | 368A MAIDSTONE ROAD |
This house has a floor area of 236 sq meters or 2,540 sq feet when measured on 23 Sep 2019. Using an estimated price of £849,814 means this house is valued at £3,600 per sq meter (£334 per sq foot).
The average size of a house on MAIDSTONE ROAD is 122 sq meters (1,314 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Investigation complete; no suspect identified | On or near Petrol Station |
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Oct 2024 | Drugs | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Anti-social behaviour | On or near Petrol Station |