£361,837
This estimated value is based upon the latest sale price for the house of £115,000 on 30 Jan 2002. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £115,000 | 30 Jan 2002 |
| Terraced |
| 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 2002 the House Price Index for MEDWAY was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £115,000 results in an estimated price of approximately £361,837.
| 30 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £115,000 | £246,837 | £361,837 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 223.296 % | £256,790 | £371,790 |
| 3 Month Average | 216.076 % | £248,487 | £363,487 |
| 6 Month Average | 218.934 % | £251,774 | £366,774 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £342,766 | £337,500 | 44 GREENBANK CLOSE |
| 14 Dec 2023 | £134,993 | £130,845 | 9 MEADOWDOWN CLOSE |
| 19 Oct 2023 | £342,785 | £335,000 | 59 CEDAR GROVE |
| 1 Aug 2023 | £432,806 | £425,000 | 34 MEADOWDOWN CLOSE |
| 27 Jul 2022 | £575,769 | £570,000 | 4 WILDWOOD GLADE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Bank Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Green Bank Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ferndown Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birch Grove |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Birch Grove |