£299,000
This estimated value is based upon the latest sale price for the house of £240,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £240,000 | 5 Apr 2019 |
| £215,000 | 5 Jan 2016 |
| £131,550 | 11 Jun 2004 |
| £68,995 | 21 Dec 2001 |
| £20,000 | 20 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 April 2019 the House Price Index for MEDWAY was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £240,000 results in an estimated price of approximately £299,000.
| 5 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £240,000 | £59,000 | £299,000 |
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 | 72.693 % | £174,463 | £414,463 |
| 3 Month Average | 16.641 % | £39,938 | £279,938 |
| 6 Month Average | 15.415 % | £36,996 | £276,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £299,194 | £290,000 | 88 KINGSWOOD ROAD |
| 16 Nov 2023 | £237,529 | £231,500 | 74 KINGSWOOD ROAD |
| 31 Oct 2023 | £211,811 | £207,000 | 72 KINGSWOOD ROAD |
| 1 Sep 2023 | £235,184 | £230,000 | 26 EAST STREET |
| 24 Mar 2023 | £223,736 | £220,000 | 97 KINGSWOOD ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 3 Sep 2015. Using an estimated price of £299,000 means this house is valued at £3,691 per sq meter (£342 per sq foot).
The average size of a house on KINGSWOOD ROAD is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Kingswood Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Kingswood Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingswood Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingswood Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingswood Road |