£247,252
This estimated value is based upon the latest sale price for the house of £220,000 on 5 Aug 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £220,000 | 5 Aug 2021 |
| £130,000 | 26 Feb 2007 |
| £58,500 | 6 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2021 the House Price Index for MEDWAY was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £220,000 results in an estimated price of approximately £247,252.
| 5 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £220,000 | £27,252 | £247,252 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | -10.635 % | £-23,396 | £196,603 |
| 3 Month Average | -10.064 % | £-22,139 | £197,860 |
| 6 Month Average | -5.629 % | £-12,383 | £207,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £240,000 | £240,000 | 16 BELMONT ROAD |
| 15 Sep 2023 | £260,748 | £255,000 | 13 MAY ROAD |
| 13 Sep 2023 | £224,959 | £220,000 | 17 ALBERT ROAD |
| 12 Aug 2022 | £266,245 | £265,000 | 26 BELMONT ROAD |
| 7 Jun 2022 | £234,002 | £229,000 | 53 MAY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 18 Jul 2017. Using an estimated price of £247,252 means this house is valued at £3,387 per sq meter (£314 per sq foot).
The average size of a house on BELMONT ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Belmont Road |
| Jul 2024 | Anti-social behaviour | On or near Belmont Road | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Belmont Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belmont Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near May Road |