£308,881
This estimated value is based upon the latest sale price for the house of £250,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 1 Nov 2019 |
| 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 November 2019 the House Price Index for MEDWAY was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £250,000 results in an estimated price of approximately £308,881.
| 1 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £250,000 | £58,881 | £308,881 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 19.559 % | £48,897 | £298,897 |
| 3 Month Average | -1.895 % | £-4,737 | £245,262 |
| 6 Month Average | 2.170 % | £5,425 | £255,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £355,576 | £347,500 | 47 SIR EVELYN ROAD |
| 29 Sep 2023 | £357,889 | £350,000 | 242 MAIDSTONE ROAD |
| 28 Jun 2023 | £318,380 | £312,000 | 39 TREVALE ROAD |
| 5 Jun 2023 | £372,464 | £365,000 | 57 TREVALE ROAD |
| 28 Apr 2023 | £331,195 | £325,000 | 236 MAIDSTONE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 23 May 2019. Using an estimated price of £308,881 means this house is valued at £4,118 per sq meter (£382 per sq foot).
The average size of a house on TREVALE ROAD is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Under investigation | On or near Trevale Road |
| Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Sir Evelyn Road |
| Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Sir Evelyn Road |
| Jun 2024 | Other crime | Under investigation | On or near Sir Evelyn Road |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Sir Evelyn Road |