£428,546
This estimated value is based upon the latest sale price for the house of £385,000 on 15 Mar 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £385,000 | 15 Mar 2021 |
| £350,000 | 9 Jun 2017 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 March 2021 the House Price Index for MEDWAY was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £385,000 results in an estimated price of approximately £428,546.
| 15 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.6 | 11.311 % | £385,000 | £43,546 | £428,546 |
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 | -29.820 % | £-114,806 | £270,193 |
| 3 Month Average | -5.504 % | £-21,192 | £363,807 |
| 6 Month Average | 11.251 % | £43,317 | £428,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £280,000 | £280,000 | 52 STAG ROAD |
| 17 Apr 2023 | £358,864 | £355,000 | 12 STAG ROAD |
| 1 Jul 2022 | £315,850 | £315,000 | 7 STAG ROAD |
| 25 Mar 2022 | £453,883 | £438,000 | 11 SETFORD ROAD |
| 21 Mar 2022 | £250,775 | £242,000 | 56 STAG ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 6 Mar 2017. Using an estimated price of £428,547 means this house is valued at £4,709 per sq meter (£437 per sq foot).
The average size of a house on STANLEY ROAD is 126 sq meters (1,359 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Allen Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bowman Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scarlett Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stag Road |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Stag Road |