£221,126
This estimated value is based upon the latest sale price for the house of £178,000 on 21 May 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £178,000 | 21 May 2018 |
| £137,500 | 26 Nov 2014 |
| £105,000 | 22 Dec 2005 |
| 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 May 2018 the House Price Index for MEDWAY was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £178,000 results in an estimated price of approximately £221,126.
| 21 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £178,000 | £43,126 | £221,126 |
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 | 16.801 % | £29,906 | £207,906 |
| 3 Month Average | 24.094 % | £42,887 | £220,887 |
| 6 Month Average | 23.700 % | £42,185 | £220,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £190,000 | £190,000 | 22 WATERSMEET |
| 20 Dec 2023 | £216,598 | £212,500 | 29 WATERSMEET |
| 4 Aug 2023 | £166,010 | £165,000 | 51 WATERSMEET |
| 1 Mar 2023 | £206,114 | £205,000 | 20 WATERSMEET |
| 24 Jan 2023 | £232,954 | £235,000 | 74 WATERSMEET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Pochard Close |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Island Way East |
| Mar 2024 | Other crime | Further investigation is not in the public interest | On or near Island Way East |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Barrack Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheelwrights Way |