£263,515
This estimated value is based upon the latest sale price for the house of £200,000 on 21 Nov 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £200,000 | 21 Nov 2016 |
| £105,000 | 11 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 821 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 2016 the House Price Index for MEDWAY was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £200,000 results in an estimated price of approximately £263,515.
| 21 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £200,000 | £63,515 | £263,515 |
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 | 91.387 % | £182,773 | £382,773 |
| 3 Month Average | 23.861 % | £47,722 | £247,722 |
| 6 Month Average | 24.814 % | £49,628 | £249,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £273,497 | £270,000 | 56 BEECHINGS WAY |
| 24 Aug 2023 | £275,409 | £273,000 | 103 BEECHINGS WAY |
| 21 Jul 2023 | £253,411 | £250,000 | 50 BEECHINGS WAY |
| 24 Apr 2023 | £252,721 | £250,000 | 220 EASTCOURT GREEN |
| 5 Apr 2023 | £272,939 | £270,000 | 24 LYNSTED ROAD |
This house has a floor area of 76 sq meters or 821 sq feet when measured on 25 Nov 2009. Using an estimated price of £263,515 means this house is valued at £3,452 per sq meter (£320 per sq foot).
The average size of a house on BEECHINGS WAY is 82 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Public order | Under investigation | On or near Headcorn Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Headcorn Road |