£347,776
This estimated value is based upon the latest sale price for the house of £312,000 on 28 Oct 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £312,000 | 28 Oct 2021 |
| £296,000 | 24 Aug 2017 |
| £156,000 | 18 Nov 2011 |
| £69,000 | 20 Sep 1999 |
| Semi-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 2021 the House Price Index for MEDWAY was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £312,000 results in an estimated price of approximately £347,776.
| 28 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £312,000 | £35,776 | £347,776 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | -12.742 % | £-39,753 | £272,246 |
| 3 Month Average | 2.478 % | £7,731 | £319,731 |
| 6 Month Average | 4.008 % | £12,503 | £324,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £351,337 | £345,000 | 20 BENDON WAY |
| 28 Apr 2023 | £315,909 | £310,000 | 13 STRATFORD AVENUE |
| 6 Feb 2023 | £135,908 | £135,000 | 13 DERWENT WAY |
| 16 Sep 2022 | £359,760 | £360,000 | 21 STRATFORD AVENUE |
| 29 Apr 2022 | £338,200 | £326,000 | 24 STRATFORD AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 9 Jul 2011. Using an estimated price of £347,777 means this house is valued at £4,633 per sq meter (£430 per sq foot).
The average size of a house on BENDON WAY is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Kendal Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kendal Way |
| Jul 2024 | Anti-social behaviour | On or near Derwent Way | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Derwent Way |
| Jul 2024 | Anti-social behaviour | On or near Derwent Way |