£195,067
This estimated value is based upon the latest sale price for the house of £175,000 on 15 Oct 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £175,000 | 15 Oct 2021 |
| £88,000 | 6 Feb 2004 |
| £88,000 | 6 Feb 2004 |
| £54,995 | 28 Sep 2000 |
| £29,250 | 12 Oct 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 October 2021 the House Price Index for MEDWAY was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £175,000 results in an estimated price of approximately £195,067.
| 15 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £175,000 | £20,067 | £195,067 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 29.190 % | £51,082 | £226,082 |
| 3 Month Average | 5.317 % | £9,304 | £184,304 |
| 6 Month Average | -1.266 % | £-2,214 | £172,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £381,311 | £378,000 | 3 ROSEBERY ROAD |
| 18 Mar 2024 | £309,759 | £305,000 | 26 WYNDHAM ROAD |
| 18 Aug 2023 | £272,413 | £267,500 | 7 ROSEBERY ROAD |
| 31 May 2022 | £270,035 | £263,000 | 7 WYNDHAM ROAD |
| 13 May 2022 | £177,628 | £173,000 | FLAT 70 CHARLESWORTH HOUSE BALFOUR ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 4 Mar 2021. Using an estimated price of £195,067 means this house is valued at £4,433 per sq meter (£411 per sq foot).
The average size of a house on BALFOUR ROAD is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beresford Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beresford Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wyndham Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wyndham Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wyndham Road |