£651,242
This estimated value is based upon the latest sale price for the house of £652,995 on 25 Aug 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £652,995 | 25 Aug 2022 |
| 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 August 2022 the House Price Index for MEDWAY was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £652,995 results in an estimated price of approximately £651,242.
| 25 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £652,995 | £-1,752 | £651,242 |
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 | -20.979 % | £-136,989 | £516,005 |
| 3 Month Average | -9.780 % | £-63,859 | £589,135 |
| 6 Month Average | -3.249 % | £-21,216 | £631,778 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £616,295 | £608,000 | 16 HOUGHTON AVENUE |
| 28 Oct 2022 | £583,715 | £590,000 | 15 HOUGHTON AVENUE |
| 25 Aug 2022 | £651,242 | £652,995 | 3 LULLINGSTONE CLOSE |
| 29 Jun 2022 | £730,321 | £720,000 | 26 HOUGHTON AVENUE |
| 7 Apr 2022 | £669,369 | £650,000 | 24 LAMBSFRITH GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Lullingstone Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Sharsted Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sharsted Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Landor Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Landor Court |