£428,743
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Nov 2010. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 12 Nov 2010 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,071 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 2010 the House Price Index for MEDWAY was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £250,000 results in an estimated price of approximately £428,743.
| 12 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.497 % | £250,000 | £178,743 | £428,743 |
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 | 37.717 % | £94,293 | £344,293 |
| 3 Month Average | 50.261 % | £125,652 | £375,652 |
| 6 Month Average | 80.862 % | £202,154 | £452,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £763,356 | £750,000 | 10 BANKSVIEW DRIVE |
| 30 Jun 2023 | £384,659 | £380,000 | 8 DARLAND FARM CAPSTONE ROAD |
| 24 Apr 2023 | £884,524 | £875,000 | 4 BANKSVIEW DRIVE |
| 17 Feb 2023 | £334,775 | £335,000 | 55 CARLTON CRESCENT |
| 16 Sep 2022 | £299,085 | £301,500 | 102 CAPSTONE ROAD |
This house has a floor area of 99 sq meters or 1,071 sq feet when measured on 10 May 2010. Using an estimated price of £428,743 means this house is valued at £4,306 per sq meter (£400 per sq foot).
The average size of a house on CAPSTONE ROAD is 114 sq meters (1,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Capstone Road | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Pear Tree Lane |
| Mar 2024 | Vehicle crime | Under investigation | On or near Brickmakers Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brickmakers Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Brickmakers Way |