£373,713
This estimated value is based upon the latest sale price for the house of £240,000 on 11 Apr 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £240,000 | 11 Apr 2014 |
| £122,000 | 28 Jun 2000 |
| 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 April 2014 the House Price Index for MEDWAY was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £240,000 results in an estimated price of approximately £373,713.
| 11 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £240,000 | £133,713 | £373,713 |
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 | 93.779 % | £225,068 | £465,068 |
| 3 Month Average | 61.485 % | £147,563 | £387,563 |
| 6 Month Average | 58.187 % | £139,648 | £379,648 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £392,786 | £387,500 | 3 CHATTENDEN LANE |
| 18 Jul 2022 | £952,564 | £950,000 | 25 SCHOONER WALK |
| 8 Apr 2022 | £235,824 | £229,000 | 6 OLD SCHOOL COURT |
| 23 Mar 2022 | £378,236 | £365,000 | 33 CHATTENDEN LANE |
| 8 Feb 2022 | £838,956 | £800,000 | 13 SCHOONER WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Hill Court | |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Hill Court |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Hill Court |
| Mar 2024 | Anti-social behaviour | On or near Hill Court | |
| Mar 2024 | Anti-social behaviour | On or near Hill Court |