£257,489
This estimated value is based upon the latest sale price for the house of £56,000 on 3 Dec 1998. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £56,000 | 3 Dec 1998 |
| Terraced |
| 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 December 1998 the House Price Index for MEDWAY was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £56,000 results in an estimated price of approximately £257,489.
| 3 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 148.6 | 359.802 % | £56,000 | £201,489 | £257,489 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 380.412 % | £213,030 | £269,030 |
| 3 Month Average | 386.505 % | £216,442 | £272,442 |
| 6 Month Average | 419.245 % | £234,777 | £290,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £227,914 | £225,000 | 191 BARNSOLE ROAD |
| 1 Sep 2023 | £339,339 | £335,000 | 16 CHADA AVENUE |
| 21 Jul 2023 | £476,412 | £470,000 | 198 BARNSOLE ROAD |
| 4 Jul 2023 | £354,775 | £350,000 | 4 LARKFIELD AVENUE |
| 24 Feb 2023 | £444,701 | £445,000 | 124 THIRD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Barnsole Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Barnsole Road |
| Mar 2024 | Criminal damage and arson | Offender given a caution | On or near Barnsole Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Barnsole Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chada Avenue |