£217,544
This estimated value is based upon the latest sale price for the house of £130,000 on 15 Jul 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£130,000 | 15 Jul 2013 |
Semi-Detached |
Freehold |
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 July 2013 the House Price Index for MEDWAY was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £130,000 results in an estimated price of approximately £217,544.
15 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 149.7 | 67.342 % | £130,000 | £87,544 | £217,544 |
The Postcode Pricing Model uses changes in average sales price within the ME3 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 | 91.424 % | £118,850 | £248,850 |
3 Month Average | 80.178 % | £104,231 | £234,231 |
6 Month Average | 79.917 % | £103,891 | £233,891 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £324,993 | £320,000 | 162 KNIGHTS ROAD |
15 Dec 2023 | £297,130 | £288,000 | 28 ROBSON DRIVE |
3 Nov 2023 | £318,074 | £310,000 | 63 WYLIE ROAD |
3 Nov 2023 | £309,866 | £302,000 | 32 ROBSON DRIVE |
27 Oct 2023 | £409,296 | £400,000 | 75 KNIGHTS ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Robson Drive |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Robson Drive |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Robson Drive |
Jun 2024 | Drugs | Under investigation | On or near Wylie Road |
May 2024 | Anti-social behaviour | On or near Wylie Road |