£602,795
This estimated value is based upon the latest sale price for the house of £340,000 on 15 Oct 2009. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £340,000 | 15 Oct 2009 |
| £167,500 | 15 Feb 1999 |
| 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 October 2009 the House Price Index for MEDWAY was 84.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.293%.Applying this 77.293% change to the original purchase price of £340,000 results in an estimated price of approximately £602,795.
| 15 Oct 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 149.7 | 77.293 % | £340,000 | £262,795 | £602,795 |
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 | 122.615 % | £416,891 | £756,891 |
| 3 Month Average | 107.716 % | £366,235 | £706,235 |
| 6 Month Average | 98.387 % | £334,515 | £674,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £345,343 | £337,500 | 192 BELLS LANE |
| 17 Aug 2023 | £305,510 | £300,000 | 7 ROCHESTER CRESCENT |
| 28 Jun 2023 | £535,736 | £525,000 | 48 KINGSHILL DRIVE |
| 16 Jun 2023 | £260,215 | £255,000 | 169 BELLS LANE |
| 21 Apr 2023 | £382,148 | £375,000 | 51 KINGSHILL DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingshill Drive |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Kingshill Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rochester Crescent |
| Jun 2024 | Other theft | Awaiting court outcome | On or near Rochester Crescent |
| May 2024 | Drugs | Awaiting court outcome | On or near Rochester Crescent |