£281,450
This estimated value is based upon the latest sale price for the house of £233,000 on 6 Aug 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £233,000 | 6 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2020 the House Price Index for MEDWAY was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £233,000 results in an estimated price of approximately £281,450.
| 6 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £233,000 | £48,450 | £281,450 |
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 | 21.976 % | £51,203 | £284,203 |
| 3 Month Average | 5.493 % | £12,799 | £245,799 |
| 6 Month Average | 8.310 % | £19,362 | £252,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £224,499 | £220,000 | 10 KINGS ROAD |
| 28 Apr 2023 | £231,836 | £227,500 | 41 QUEENS ROAD |
| 12 Aug 2022 | £683,195 | £680,000 | 24 QUEENS ROAD |
| 22 Jun 2022 | £214,587 | £210,000 | 31 KINGS ROAD |
| 25 Mar 2022 | £208,787 | £200,000 | 16 KINGS ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 16 May 2020. Using an estimated price of £281,450 means this house is valued at £2,706 per sq meter (£251 per sq foot).
The average size of a house on KINGS ROAD is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near King'S Road |
| Jun 2024 | Anti-social behaviour | On or near King'S Road | |
| Jun 2024 | Anti-social behaviour | On or near King'S Road | |
| May 2024 | Anti-social behaviour | On or near King'S Road | |
| May 2024 | Violence and sexual offences | Under investigation | On or near King'S Road |