£584,817
This estimated value is based upon the latest sale price for the house of £460,000 on 9 Oct 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £460,000 | 9 Oct 2017 |
| £105,500 | 27 Feb 1998 |
| 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 October 2017 the House Price Index for MEDWAY was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £460,000 results in an estimated price of approximately £584,817.
| 9 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £460,000 | £124,817 | £584,817 |
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 | 36.997 % | £170,185 | £630,185 |
| 3 Month Average | 8.277 % | £38,076 | £498,076 |
| 6 Month Average | 11.425 % | £52,555 | £512,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £342,766 | £337,500 | 44 GREENBANK CLOSE |
| 19 Oct 2023 | £342,785 | £335,000 | 59 CEDAR GROVE |
| 4 Feb 2022 | £433,147 | £410,000 | 8 GREENBANK CLOSE |
| 16 Dec 2021 | £820,274 | £760,000 | 15 FAIRVIEW AVENUE |
| 11 Oct 2021 | £1,014,348 | £910,000 | FOXLEIGH SPEKES ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ferndown Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Green Bank Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Bank Close |
| Jul 2024 | Anti-social behaviour | On or near Cedar Grove | |
| Jul 2024 | Anti-social behaviour | On or near Cedar Grove |