£341,163
This estimated value is based upon the latest sale price for the house of £225,000 on 30 Sep 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £225,000 | 30 Sep 2014 |
| £192,000 | 29 Sep 2006 |
| £163,500 | 15 Nov 2002 |
| £106,995 | 15 Dec 2000 |
| 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 September 2014 the House Price Index for MEDWAY was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £225,000 results in an estimated price of approximately £341,163.
| 30 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £225,000 | £116,163 | £341,163 |
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 | 74.136 % | £166,805 | £391,805 |
| 3 Month Average | 61.289 % | £137,899 | £362,899 |
| 6 Month Average | 68.043 % | £153,097 | £378,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £324,993 | £320,000 | 162 KNIGHTS ROAD |
| 8 Dec 2023 | £283,718 | £275,000 | 21 MARLEY ROAD |
| 17 Aug 2023 | £305,510 | £300,000 | 7 ROCHESTER CRESCENT |
| 26 Jun 2023 | £285,216 | £279,500 | 185 KNIGHTS ROAD |
| 26 May 2022 | £335,747 | £327,000 | 199 KNIGHTS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knights Road |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Knights Road |
| 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 |