£329,691
This estimated value is based upon the latest sale price for the house of £192,000 on 11 Feb 2011. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £192,000 | 11 Feb 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 720 sq feet |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in February 2011 the House Price Index for KENT was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £192,000 results in an estimated price of approximately £329,691.
| 11 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £192,000 | £137,691 | £329,691 |
The Postcode Pricing Model uses changes in average sales price within the TN1 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 | 70.681 % | £135,707 | £327,707 |
| 3 Month Average | 44.127 % | £84,724 | £276,724 |
| 6 Month Average | 49.750 % | £95,519 | £287,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £273,683 | £270,000 | 2 WIGG HOUSE MEDWAY ROAD |
| 27 Feb 2023 | £249,832 | £250,000 | 3 WIGG HOUSE MEDWAY ROAD |
| 17 Feb 2023 | £239,839 | £240,000 | 57 KENSINGTON COURT MEDWAY ROAD |
| 23 Nov 2022 | £247,008 | £250,000 | 23 LAKE COURT MEDWAY DRIVE |
| 16 Sep 2022 | £323,389 | £326,000 | 36 QUARRY ROAD |
This house has a floor area of 66 sq meters or 720 sq feet when measured on 20 Aug 2008. Using an estimated price of £329,691 means this house is valued at £4,925 per sq meter (£457 per sq foot).
The average size of a house on MEDWAY ROAD is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Bridge |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Bridge |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Bridge |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Bridge |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Grosvenor Bridge |