£554,625
This estimated value is based upon the latest sale price for the house of £380,000 on 27 May 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £380,000 | 27 May 2015 |
| 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 May 2015 the House Price Index for MEDWAY was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £380,000 results in an estimated price of approximately £554,625.
| 27 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £380,000 | £174,625 | £554,625 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 118.492 % | £450,269 | £830,269 |
| 3 Month Average | 50.882 % | £193,350 | £573,350 |
| 6 Month Average | 55.274 % | £210,041 | £590,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £263,907 | £260,000 | 38 WEBSTER ROAD |
| 14 Nov 2023 | £274,057 | £270,000 | 6 TUFTON ROAD |
| 14 Nov 2023 | £253,757 | £250,000 | 28 WEBSTER ROAD |
| 10 Nov 2023 | £50,751 | £50,000 | 4 HOTHFIELD ROAD |
| 4 Sep 2023 | £101,295 | £100,000 | 2 HOTHFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Webster Road | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gresham Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gresham Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gresham Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gresham Close |