£330,836
This estimated value is based upon the latest sale price for the house of £221,000 on 14 Jan 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£221,000 | 14 Jan 2015 |
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 January 2015 the House Price Index for MEDWAY was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £221,000 results in an estimated price of approximately £330,836.
14 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 149.7 | 49.700 % | £221,000 | £109,836 | £330,836 |
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 | 18.045 % | £39,880 | £260,880 |
3 Month Average | 44.049 % | £97,347 | £318,347 |
6 Month Average | 53.774 % | £118,841 | £339,841 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £355,969 | £350,500 | 14 ARCHERY CLOSE |
28 Jun 2023 | £433,691 | £425,000 | 16 ARCHERY CLOSE |
6 Jul 2022 | £505,061 | £500,000 | 44 VIEW ROAD |
21 Jun 2022 | £592,669 | £580,000 | 30 BROOKMEAD ROAD |
18 May 2022 | £415,833 | £405,000 | 18 VIEW ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Archery Close |
Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Englefield Crescent |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Englefield Crescent |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Englefield Crescent |
Jul 2024 | Anti-social behaviour | On or near Portway Road |