£449,720
This estimated value is based upon the latest sale price for the house of £270,000 on 14 Jun 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £270,000 | 14 Jun 2013 |
| 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 June 2013 the House Price Index for MEDWAY was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £270,000 results in an estimated price of approximately £449,720.
| 14 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £270,000 | £179,720 | £449,720 |
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 | 82.945 % | £223,951 | £493,951 |
| 3 Month Average | 61.227 % | £165,311 | £435,311 |
| 6 Month Average | 65.633 % | £177,207 | £447,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £345,109 | £340,000 | 91 ROLVENDEN ROAD |
| 13 Nov 2023 | £329,884 | £325,000 | 35 LEIGH ROAD |
| 28 Jul 2023 | £375,048 | £370,000 | 65 ROLVENDEN ROAD |
| 6 Jan 2023 | £427,984 | £430,000 | 113 HOLLYWOOD LANE |
| 21 Jul 2022 | £446,201 | £445,000 | 93 HOLLYWOOD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Lingley Drive |
| Mar 2024 | Other theft | Under investigation | On or near Lingley Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hollywood Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mason Way |
| Mar 2024 | Possession of weapons | Under investigation | On or near Rolvenden Road |