£446,664
This estimated value is based upon the latest sale price for the house of £240,000 on 21 Apr 2005. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£240,000 | 21 Apr 2005 |
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 April 2005 the House Price Index for MEDWAY was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £240,000 results in an estimated price of approximately £446,664.
21 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.110 % | £240,000 | £206,664 | £446,664 |
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 | 99.999 % | £239,997 | £479,997 |
3 Month Average | 74.335 % | £178,405 | £418,405 |
6 Month Average | 81.356 % | £195,254 | £435,254 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Nov 2023 | £796,797 | £785,000 | 5 ELM CLOSE |
24 Aug 2023 | £554,854 | £550,000 | 32 THE BRAES |
28 Jul 2023 | £354,775 | £350,000 | 15 HERMITAGE ROAD |
21 Apr 2023 | £382,114 | £378,000 | 38 ST JOHNS ROAD |
24 Feb 2023 | £349,765 | £350,000 | 19 HERMITAGE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Further investigation is not in the public interest | On or near The Larches |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Larches |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Mountbatten Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Mountbatten Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mountbatten Avenue |