£232,196
This estimated value is based upon the latest sale price for the house of £230,000 on 7 Jul 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £230,000 | 7 Jul 2023 |
| £219,995 | 18 Dec 2020 |
| Flats/Maisonettes |
| Leasehold |
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 July 2023 the House Price Index for MEDWAY was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £230,000 results in an estimated price of approximately £232,196.
| 7 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £230,000 | £2,196 | £232,196 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -14.933 % | £-34,346 | £195,653 |
| 3 Month Average | -7.130 % | £-16,398 | £213,601 |
| 6 Month Average | -2.527 % | £-5,811 | £224,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £232,196 | £230,000 | FLAT 3 1 OLD ROAD |
| 7 Jul 2023 | £232,196 | £230,000 | FLAT 8 1 OLD ROAD |
| 30 Jan 2023 | £227,997 | £230,000 | FLAT 1 1 OLD ROAD |
| 28 Apr 2022 | £102,564 | £100,000 | 11 BERKELEY MOUNT |
| 29 Nov 2021 | £156,186 | £145,000 | FLAT 4 2 NEW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Petrol Station |
| Apr 2024 | Theft from the person | Unable to prosecute suspect | On or near Petrol Station |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Anti-social behaviour | On or near Petrol Station |