£372,513
This estimated value is based upon the latest sale price for the house of £367,500 on 31 Jul 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £367,500 | 31 Jul 2023 |
| £308,000 | 14 Feb 2020 |
| £215,000 | 31 Jul 2013 |
| £215,000 | 19 Nov 2007 |
| 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 July 2023 the House Price Index for MEDWAY was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £367,500 results in an estimated price of approximately £372,513.
| 31 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £367,500 | £5,013 | £372,513 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -14.933 % | £-54,879 | £312,620 |
| 3 Month Average | -7.130 % | £-26,202 | £341,297 |
| 6 Month Average | -2.527 % | £-9,285 | £358,214 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £223,918 | £220,000 | 44 GOLDCREST DRIVE |
| 10 Nov 2023 | £416,161 | £410,000 | 22 BRADFORDS CLOSE |
| 3 Nov 2023 | £329,884 | £325,000 | 35 GOLDCREST DRIVE |
| 18 Aug 2023 | £368,221 | £365,000 | 1 GOLDCREST DRIVE |
| 31 Jul 2023 | £372,514 | £367,500 | 5 GOLDCREST DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Little Victory Mount |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Little Victory Mount |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westview |
| Feb 2024 | Drugs | Under investigation | On or near Westview |
| Mar 2024 | Other crime | Further investigation is not in the public interest | On or near Island Way East |