£367,933
This estimated value is based upon the latest sale price for the house of £300,000 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Maidstone Road
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| Price Paid | Date |
|---|---|
| £300,000 | 15 Nov 2019 |
| £257,000 | 24 Feb 2017 |
| £155,000 | 22 Oct 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 November 2019 the House Price Index for MEDWAY was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £300,000 results in an estimated price of approximately £367,933.
| 15 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £300,000 | £67,933 | £367,933 |
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 | -8.768 % | £-26,303 | £273,696 |
| 3 Month Average | -3.033 % | £-9,097 | £290,902 |
| 6 Month Average | 21.137 % | £63,411 | £363,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £308,740 | £305,000 | 33 BINLAND GROVE |
| 9 Mar 2023 | £378,567 | £375,000 | 14 THORNDALE CLOSE |
| 14 Oct 2022 | £359,628 | £363,500 | 26 THORNDALE CLOSE |
| 10 Aug 2022 | £463,752 | £465,000 | 21 HIGHVIEW DRIVE |
| 1 Jul 2022 | £321,365 | £320,500 | 29 WATSON AVENUE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 2 Nov 2016. Using an estimated price of £367,934 means this house is valued at £6,570 per sq meter (£610 per sq foot).
The average size of a house on WATSON AVENUE is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Maidstone Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Maidstone Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Maidstone Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Maidstone Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Maidstone Road |