£348,728
This estimated value is based upon the latest sale price for the house of £260,000 on 17 Aug 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £260,000 | 17 Aug 2016 |
| £202,000 | 22 Oct 2014 |
| £172,500 | 22 Jul 2009 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 901 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 2016 the House Price Index for MEDWAY was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £260,000 results in an estimated price of approximately £348,728.
| 17 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £260,000 | £88,728 | £348,728 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 30.845 % | £80,196 | £340,196 |
| 3 Month Average | 10.770 % | £28,002 | £288,002 |
| 6 Month Average | 18.570 % | £48,282 | £308,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £381,311 | £378,000 | 3 ROSEBERY ROAD |
| 18 Aug 2023 | £272,413 | £267,500 | 7 ROSEBERY ROAD |
| 13 May 2022 | £177,628 | £173,000 | FLAT 70 CHARLESWORTH HOUSE BALFOUR ROAD |
| 5 May 2022 | £456,903 | £445,000 | 46 BERESFORD AVENUE |
| 13 Apr 2022 | £278,029 | £268,000 | 29 BALFOUR ROAD |
This house has a floor area of 83 sq meters or 901 sq feet when measured on 19 May 2009. Using an estimated price of £348,728 means this house is valued at £4,161 per sq meter (£386 per sq foot).
The average size of a house on BERESFORD AVENUE is 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beresford Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beresford Avenue |
| Sep 2024 | Vehicle crime | Under investigation | On or near Beresford Avenue |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beresford Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beresford Avenue |