£289,754
This estimated value is based upon the latest sale price for the house of £185,000 on 12 Oct 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £185,000 | 12 Oct 2007 |
| £133,000 | 2 Jul 2004 |
| £60,000 | 17 Apr 1998 |
| 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 2007 the House Price Index for MEDWAY was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £185,000 results in an estimated price of approximately £289,754.
| 12 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £185,000 | £104,754 | £289,754 |
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 | 94.466 % | £174,762 | £359,762 |
| 3 Month Average | 82.080 % | £151,848 | £336,848 |
| 6 Month Average | 73.111 % | £135,254 | £320,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £294,525 | £290,000 | 17 HOLMES CLOSE |
| 30 Nov 2023 | £425,809 | £415,000 | 10 WILLOWBANK DRIVE |
| 22 Mar 2023 | £439,337 | £432,000 | MAYBRO, 20 WILLOWBANK DRIVE |
| 16 Mar 2023 | £330,520 | £325,000 | 12 HOLMES CLOSE |
| 13 Mar 2023 | £300,010 | £295,000 | 12 LEAMAN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmes Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmes Close |
| Jul 2024 | Anti-social behaviour | On or near Farmstead Road | |
| Jun 2024 | Other theft | Under investigation | On or near Hagelstowe Avenue |
| Jun 2024 | Other theft | Under investigation | On or near Hagelstowe Avenue |