£808,606
This estimated value is based upon the latest sale price for the house of £601,000 on 15 Jun 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £601,000 | 15 Jun 2016 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 June 2016 the House Price Index for MEDWAY was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £601,000 results in an estimated price of approximately £808,606.
| 15 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £601,000 | £207,606 | £808,606 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 31.542 % | £189,565 | £790,565 |
| 3 Month Average | 21.961 % | £131,987 | £732,987 |
| 6 Month Average | 31.988 % | £192,250 | £793,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £464,266 | £450,000 | 54 GRAIN ROAD |
| 22 Sep 2023 | £381,408 | £373,000 | 58 CHART PLACE |
| 8 Sep 2023 | £352,777 | £345,000 | 29 LIME COURT |
| 23 Jun 2023 | £295,930 | £290,000 | 13 LIME COURT |
| 17 Apr 2023 | £336,290 | £330,000 | 46 CHART PLACE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 8 Jul 2015. Using an estimated price of £808,607 means this house is valued at £5,775 per sq meter (£536 per sq foot).
The average size of a house on MAIDSTONE ROAD is 122 sq meters (1,314 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Offender given a caution | On or near Lime Court |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eleanor Court |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roper Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Roper Close |
| Oct 2024 | Anti-social behaviour | On or near Regency Close |