£472,074
This estimated value is based upon the latest sale price for the house of £275,000 on 10 Aug 2006. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £275,000 | 10 Aug 2006 |
| £183,500 | 17 Jul 2001 |
| 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 August 2006 the House Price Index for MEDWAY was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £275,000 results in an estimated price of approximately £472,074.
| 10 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £275,000 | £197,074 | £472,074 |
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 | 111.244 % | £305,922 | £580,922 |
| 3 Month Average | 79.600 % | £218,900 | £493,900 |
| 6 Month Average | 81.691 % | £224,650 | £499,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2023 | £656,182 | £650,000 | 16 TENNYSON AVENUE |
| 25 Mar 2022 | £450,774 | £435,000 | 11B TENNYSON AVENUE |
| 18 Mar 2022 | £352,329 | £340,000 | 4 PARKSIDE |
| 14 Feb 2022 | £513,860 | £490,000 | 33 TOWN ROAD |
| 21 Jan 2022 | £362,555 | £344,500 | 54 TOWN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near B2000 |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near B2000 |
| Feb 2024 | Anti-social behaviour | On or near B2000 | |
| Feb 2024 | Anti-social behaviour | On or near B2000 | |
| Feb 2024 | Anti-social behaviour | On or near B2000 |