£685,698
This estimated value is based upon the latest sale price for the house of £320,000 on 22 Jan 2004. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £320,000 | 22 Jan 2004 |
| 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 January 2004 the House Price Index for MEDWAY was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £320,000 results in an estimated price of approximately £685,698.
| 22 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 148.6 | 114.281 % | £320,000 | £365,698 | £685,698 |
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 | 135.698 % | £434,232 | £754,232 |
| 3 Month Average | 109.929 % | £351,772 | £671,772 |
| 6 Month Average | 116.983 % | £374,345 | £694,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £264,997 | £262,500 | 2 ELM TREE COTTAGES |
| 10 Mar 2023 | £489,613 | £485,000 | MANOR HOUSE THE STREET |
| 20 Jan 2023 | £288,640 | £290,000 | 9 CORONATION COTTAGES THE STREET |
| 25 Aug 2022 | £344,074 | £345,000 | 1 PARSONAGE COTTAGES THE STREET |
| 24 Jun 2022 | £243,440 | £240,000 | 21 MALLARD WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Vicarage Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Vicarage Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Vicarage Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Lane |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Vicarage Lane |