£247,911
This estimated value is based upon the latest sale price for the house of £195,000 on 4 Oct 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£195,000 | 4 Oct 2017 |
£120,500 | 10 Mar 2008 |
Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 October 2017 the House Price Index for MEDWAY was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £195,000 results in an estimated price of approximately £247,911.
4 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 149.7 | 27.134 % | £195,000 | £52,911 | £247,911 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 8.991 % | £17,531 | £212,531 |
3 Month Average | 12.333 % | £24,049 | £219,049 |
6 Month Average | 15.416 % | £30,061 | £225,061 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £261,642 | £255,000 | 7 BEACONSFIELD ROAD |
6 Oct 2023 | £229,717 | £224,500 | 27 BEACONSFIELD ROAD |
21 Aug 2023 | £298,382 | £293,000 | 43 BEACONSFIELD ROAD |
16 Mar 2023 | £294,925 | £290,000 | 27A PALMERSTON ROAD |
28 Feb 2023 | £218,963 | £217,500 | 23 BEACONSFIELD ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 8 Jun 2011. Using an estimated price of £247,912 means this house is valued at £3,302 per sq meter (£306 per sq foot).
The average size of a house on BEACONSFIELD ROAD is 77 sq meters (834 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Beaconsfield Road |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Beaconsfield Road |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holcombe Road |
Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Holcombe Road |
Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Holcombe Road |