£424,932
This estimated value is based upon the latest sale price for the house of £344,000 on 26 Feb 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £344,000 | 26 Feb 2019 |
| £225,000 | 25 Jul 2014 |
| £80,000 | 5 Aug 1999 |
| 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 February 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £344,000 results in an estimated price of approximately £424,932.
| 26 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £344,000 | £80,932 | £424,932 |
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 | 33.093 % | £113,841 | £457,841 |
| 3 Month Average | 16.457 % | £56,611 | £400,611 |
| 6 Month Average | 15.695 % | £53,992 | £397,992 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £430,533 | £423,000 | 96 JARRETT AVENUE |
| 1 Dec 2023 | £325,699 | £320,000 | 72 JARRETT AVENUE |
| 27 Nov 2023 | £522,739 | £515,000 | 8 BURTON CLOSE |
| 12 Jun 2023 | £258,127 | £255,000 | 78 JARRETT AVENUE |
| 6 Feb 2023 | £439,704 | £440,000 | 38 HUGHES DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sports/Recreation Area |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hollywood Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hughes Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hughes Drive |