£231,836
This estimated value is based upon the latest sale price for the house of £227,500 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £227,500 | 28 Apr 2023 |
| £157,500 | 11 Aug 2017 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 April 2023 the House Price Index for MEDWAY was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £227,500 results in an estimated price of approximately £231,836.
| 28 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £227,500 | £4,336 | £231,836 |
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 | 1.480 % | £3,367 | £230,867 |
| 3 Month Average | -8.356 % | £-19,010 | £208,489 |
| 6 Month Average | -10.021 % | £-22,797 | £204,702 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £299,809 | £293,000 | 210 BEACON ROAD |
| 14 Jun 2023 | £260,215 | £255,000 | 214 BEACON ROAD |
| 28 Apr 2023 | £231,836 | £227,500 | 41 QUEENS ROAD |
| 1 Nov 2022 | £218,976 | £220,000 | 291 BEACON ROAD |
| 12 Aug 2022 | £683,195 | £680,000 | 24 QUEENS ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 13 Apr 2017. Using an estimated price of £231,836 means this house is valued at £3,997 per sq meter (£371 per sq foot).
The average size of a house on QUEENS ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Road |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Queen'S Road |
| May 2024 | Anti-social behaviour | On or near Queen'S Road | |
| May 2024 | Anti-social behaviour | On or near Queen'S Road | |
| May 2024 | Anti-social behaviour | On or near Queen'S Road |