£492,301
This estimated value is based upon the latest sale price for the house of £490,000 on 3 Aug 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £490,000 | 3 Aug 2022 |
| £217,500 | 1 Jul 2011 |
| £240,000 | 12 Dec 2006 |
| £79,995 | 31 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,114 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 2022 the House Price Index for MEDWAY was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £490,000 results in an estimated price of approximately £492,301.
| 3 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £490,000 | £2,301 | £492,301 |
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 | -2.402 % | £-11,769 | £478,230 |
| 3 Month Average | -10.475 % | £-51,325 | £438,674 |
| 6 Month Average | -1.144 % | £-5,604 | £484,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £505,534 | £490,000 | 59 ELMSTONE ROAD |
| 24 Nov 2023 | £348,855 | £340,000 | 5 ELMSTONE ROAD |
| 1 Sep 2023 | £358,912 | £351,000 | 6 TAVERNERS ROAD |
| 17 Feb 2023 | £458,060 | £455,000 | 68 ELMSTONE ROAD |
| 25 Nov 2022 | £368,278 | £370,000 | 79 ELMSTONE ROAD |
This house has a floor area of 103 sq meters or 1,114 sq feet when measured on 29 Jan 2010. Using an estimated price of £492,302 means this house is valued at £4,754 per sq meter (£441 per sq foot).
The average size of a house on BETTESCOMBE ROAD is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Beacon Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmstone Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmstone Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bettescombe Road |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Bettescombe Road |