£221,337
This estimated value is based upon the latest sale price for the house of £56,000 on 24 Feb 2000. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£56,000 | 24 Feb 2000 |
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 February 2000 the House Price Index for MEDWAY was 37.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 295.245%.Applying this 295.245% change to the original purchase price of £56,000 results in an estimated price of approximately £221,337.
24 Feb 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.9 | 149.7 | 295.245 % | £56,000 | £165,337 | £221,337 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 338.503 % | £189,561 | £245,561 |
3 Month Average | 291.390 % | £163,178 | £219,178 |
6 Month Average | 302.141 % | £169,199 | £225,199 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Apr 2024 | £284,470 | £282,000 | 37 WILLIAM STREET |
10 Nov 2023 | £287,293 | £280,000 | 10 TASWELL ROAD |
27 Oct 2023 | £124,835 | £122,000 | 91A WAKELEY ROAD |
23 Jun 2023 | £287,767 | £282,000 | 59 WILLIAM STREET |
7 Jun 2023 | £290,828 | £285,000 | 60 WAKELEY ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Pearman Close |
Oct 2024 | Drugs | Under investigation | On or near Pearman Close |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Pearman Close |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pearman Close |
Sep 2024 | Anti-social behaviour | On or near Pearman Close |