£613,172
This estimated value is based upon the latest sale price for the house of £585,000 on 19 Jan 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £585,000 | 19 Jan 2022 |
| £565,000 | 9 Mar 2015 |
| Detached |
| Freehold |
| Floor Area: 180 sq meters or 1,937 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 January 2022 the House Price Index for MEDWAY was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £585,000 results in an estimated price of approximately £613,172.
| 19 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £585,000 | £28,172 | £613,172 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 11.139 % | £65,161 | £650,161 |
| 3 Month Average | 16.760 % | £98,043 | £683,043 |
| 6 Month Average | 8.913 % | £52,143 | £637,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £720,354 | £715,000 | 254 MAIDSTONE ROAD |
| 6 May 2022 | £482,167 | £475,000 | 24 THE RIDGEWAY |
| 28 Apr 2022 | £615,385 | £600,000 | 7 THE RIDGEWAY |
| 19 Jan 2022 | £613,173 | £585,000 | 6 WALDERSLADE ROAD |
| 26 Jul 2021 | £744,006 | £650,000 | 23 THE RIDGEWAY |
This house has a floor area of 180 sq meters or 1,937 sq feet when measured on 14 Jan 2015. Using an estimated price of £613,173 means this house is valued at £3,406 per sq meter (£316 per sq foot).
The average size of a house on WALDERSLADE ROAD is 161 sq meters (1,742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Crescent |
| Feb 2024 | Anti-social behaviour | On or near Park Crescent | |
| Feb 2024 | Anti-social behaviour | On or near Park Crescent | |
| Feb 2024 | Anti-social behaviour | On or near Park Crescent | |
| Apr 2024 | Anti-social behaviour | On or near Pattens Close |