£354,911
This estimated value is based upon the latest sale price for the house of £312,000 on 30 Apr 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £312,000 | 30 Apr 2021 |
| £252,000 | 29 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2021 the House Price Index for MEDWAY was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £312,000 results in an estimated price of approximately £354,911.
| 30 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 149.7 | 13.754 % | £312,000 | £42,911 | £354,911 |
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 | 21.107 % | £65,854 | £377,854 |
| 3 Month Average | 0.544 % | £1,696 | £313,696 |
| 6 Month Average | 8.968 % | £27,979 | £339,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £272,365 | £270,000 | 43 BOXLEY ROAD |
| 8 Sep 2023 | £398,791 | £390,000 | 5 BOXLEY ROAD |
| 4 Aug 2023 | £392,071 | £385,000 | 4 MARION CLOSE |
| 28 Apr 2023 | £397,434 | £390,000 | 41 BOXLEY ROAD |
| 23 May 2022 | £338,827 | £330,000 | 11 FRANCIS DRIVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 25 Nov 2017. Using an estimated price of £354,912 means this house is valued at £5,377 per sq meter (£499 per sq foot).
The average size of a house on BOXLEY ROAD is 117 sq meters (1,264 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fontana |