£561,905
This estimated value is based upon the latest sale price for the house of £530,000 on 27 Jan 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £530,000 | 27 Jan 2022 |
| 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 January 2022 the House Price Index for MEDWAY was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £530,000 results in an estimated price of approximately £561,905.
| 27 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £530,000 | £31,905 | £561,905 |
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 | 1.970 % | £10,440 | £540,440 |
| 3 Month Average | 2.729 % | £14,462 | £544,462 |
| 6 Month Average | 0.973 % | £5,154 | £535,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £450,226 | £440,000 | 40 EDWARDS CLOSE |
| 30 Jun 2023 | £742,377 | £727,500 | 66 BREDHURST ROAD |
| 29 Jul 2022 | £484,858 | £480,000 | 42 WOODSIDE |
| 10 Jun 2022 | £485,375 | £475,000 | 20 TANGLEWOOD CLOSE |
| 22 Mar 2022 | £782,950 | £750,000 | 9 FELLOWS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edwards Close |
| Jul 2024 | Vehicle crime | Under investigation | On or near Zillah Gardens |
| May 2024 | Public order | Unable to prosecute suspect | On or near Chamberlain Court |
| Jul 2024 | Anti-social behaviour | On or near Sherlodge Mews | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sherlodge Mews |