£627,249
This estimated value is based upon the latest sale price for the house of £370,000 on 10 Sep 2010. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £370,000 | 10 Sep 2010 |
| £325,000 | 22 Jul 2005 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,314 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 September 2010 the House Price Index for MEDWAY was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £370,000 results in an estimated price of approximately £627,249.
| 10 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.527 % | £370,000 | £257,249 | £627,249 |
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 | 32.305 % | £119,528 | £489,528 |
| 3 Month Average | 49.208 % | £182,070 | £552,070 |
| 6 Month Average | 78.304 % | £289,725 | £659,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £519,082 | £510,000 | 39 HUNTERS WAY WEST |
| 9 Jan 2023 | £1,393,436 | £1,400,000 | HUNTERS COTTAGE, 4 HUNTERS WAY WEST |
| 25 Mar 2022 | £383,417 | £370,000 | 46 MONTROSE AVENUE |
| 8 Feb 2022 | £361,800 | £345,000 | 55 BEECHWOOD AVENUE |
| 4 Feb 2022 | £361,800 | £345,000 | 58 MONTROSE AVENUE |
This house has a floor area of 122 sq meters or 1,314 sq feet when measured on 30 Jun 2010. Using an estimated price of £627,250 means this house is valued at £5,137 per sq meter (£477 per sq foot).
The average size of a house on KINGSWAY is 145 sq meters (1,564 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hunters Way West |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ash Tree Lane |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Heathland View |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heathland View |
| Feb 2024 | Anti-social behaviour | On or near Heathland View |