£250,010
This estimated value is based upon the latest sale price for the house of £245,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £245,000 | 30 Jun 2023 |
| £60,000 | 9 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2023 the House Price Index for MEDWAY was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £245,000 results in an estimated price of approximately £250,010.
| 30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £245,000 | £5,010 | £250,010 |
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 | -11.461 % | £-28,079 | £216,920 |
| 3 Month Average | 1.986 % | £4,865 | £249,865 |
| 6 Month Average | -1.079 % | £-2,642 | £242,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £292,540 | £290,000 | 33 TREVALE ROAD |
| 29 Sep 2023 | £357,889 | £350,000 | 242 MAIDSTONE ROAD |
| 30 Jun 2023 | £250,010 | £245,000 | 381 MAIDSTONE ROAD |
| 28 Jun 2023 | £318,380 | £312,000 | 39 TREVALE ROAD |
| 28 Apr 2023 | £331,195 | £325,000 | 236 MAIDSTONE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 19 Nov 2013. Using an estimated price of £250,010 means this house is valued at £3,125 per sq meter (£290 per sq foot).
The average size of a house on MAIDSTONE ROAD is 104 sq meters (1,122 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Tideway |
| Oct 2024 | Other crime | Under investigation | On or near The Tideway |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Tideway |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near The Tideway |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wake Road |