£539,660
This estimated value is based upon the latest sale price for the house of £315,000 on 8 Apr 2011. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £315,000 | 8 Apr 2011 |
| £245,000 | 25 Sep 2003 |
| 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 April 2011 the House Price Index for MEDWAY was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £315,000 results in an estimated price of approximately £539,660.
| 8 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 148.6 | 71.321 % | £315,000 | £224,660 | £539,660 |
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 | 86.375 % | £272,081 | £587,081 |
| 3 Month Average | 76.648 % | £241,439 | £556,439 |
| 6 Month Average | 67.656 % | £213,116 | £528,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £639,467 | £630,000 | PHIPSON CROFT SHARNAL STREET |
| 28 Jul 2023 | £598,049 | £590,000 | 9 CARDIGAN CLOSE |
| 24 May 2022 | £1,299,486 | £1,275,000 | SOUTHVIEW SHARNAL STREET |
| 15 Oct 2021 | £514,512 | £465,000 | FENN RIDGE SHARNAL STREET |
| 27 Aug 2021 | £669,369 | £600,000 | 13 CARDIGAN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Sharnal Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ratcliffe Highway |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sharnal Street |
| Feb 2024 | Anti-social behaviour | On or near Roper'S Lane | |
| Feb 2024 | Anti-social behaviour | On or near Roper'S Lane |