£348,382
This estimated value is based upon the latest sale price for the house of £282,000 on 31 Oct 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £282,000 | 31 Oct 2019 |
| 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 October 2019 the House Price Index for MEDWAY was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £282,000 results in an estimated price of approximately £348,382.
| 31 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £282,000 | £66,382 | £348,382 |
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 | 28.120 % | £79,299 | £361,299 |
| 3 Month Average | 18.400 % | £51,888 | £333,888 |
| 6 Month Average | 19.909 % | £56,142 | £338,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £593,074 | £580,000 | 10 BOGARDE DRIVE |
| 20 Sep 2023 | £639,088 | £625,000 | 129 HOLLYWOOD LANE |
| 4 Apr 2022 | £414,969 | £400,000 | 130 COOLING ROAD |
| 20 Sep 2021 | £508,046 | £468,000 | 11 WEAVERING CLOSE |
| 4 Dec 2020 | £346,863 | £300,000 | 93 COOLING ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Olivier Drive |
| Jul 2024 | Anti-social behaviour | On or near Olivier Drive | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Olivier Drive |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Olivier Drive |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Weavering Close |