£161,075
This estimated value is based upon the latest sale price for the house of £160,000 on 7 Feb 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £160,000 | 7 Feb 2023 |
| £117,000 | 4 Jun 2015 |
| £118,000 | 7 Sep 2007 |
| £115,000 | 13 Feb 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 February 2023 the House Price Index for MEDWAY was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £160,000 results in an estimated price of approximately £161,075.
| 7 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £160,000 | £1,075 | £161,075 |
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 | 14.012 % | £22,419 | £182,419 |
| 3 Month Average | -12.275 % | £-19,640 | £140,359 |
| 6 Month Average | -8.776 % | £-14,042 | £145,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £190,865 | £185,000 | 41 CORONATION ROAD |
| 15 Aug 2023 | £249,500 | £245,000 | 189 BEACON ROAD |
| 28 Apr 2023 | £249,670 | £245,000 | 72 BEACON ROAD |
| 7 Feb 2023 | £161,076 | £160,000 | FLAT 5 FLORENCE HOUSE 130A BEACON ROAD |
| 24 Aug 2022 | £259,714 | £258,500 | 193 BEACON ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 13 Nov 2008. Using an estimated price of £161,076 means this house is valued at £3,220 per sq meter (£299 per sq foot).
The average size of a house on BEACON ROAD is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Beacon Road |
| Jul 2024 | Anti-social behaviour | On or near Church Hill | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Church Hill |
| Jun 2024 | Anti-social behaviour | On or near Church Hill | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Church Hill |