£159,146
This estimated value is based upon the latest sale price for the house of £155,000 on 9 May 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £155,000 | 9 May 2022 |
| £112,995 | 27 Jun 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 May 2022 the House Price Index for MEDWAY was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £155,000 results in an estimated price of approximately £159,146.
| 9 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £155,000 | £4,146 | £159,146 |
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 | 69.222 % | £107,293 | £262,293 |
| 3 Month Average | 5.760 % | £8,927 | £163,927 |
| 6 Month Average | -1.303 % | £-2,019 | £152,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £375,763 | £372,500 | 17 WARD VIEW |
| 11 Oct 2023 | £299,809 | £293,000 | 210 BEACON ROAD |
| 1 Sep 2023 | £257,680 | £252,000 | 146 BEACON ROAD |
| 14 Jun 2023 | £260,215 | £255,000 | 214 BEACON ROAD |
| 2 Feb 2023 | £186,244 | £185,000 | 11 WARD VIEW |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 24 Jun 2021. Using an estimated price of £159,146 means this house is valued at £3,789 per sq meter (£352 per sq foot).
The average size of a house on WARD VIEW is 73 sq meters (793 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Ward View |
| Oct 2024 | Anti-social behaviour | On or near Ash Tree Lane | |
| Oct 2024 | Anti-social behaviour | On or near Ash Tree Lane | |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Ash Tree Lane |
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near Ash Tree Lane |