£15,831
This estimated value is based upon the latest sale price for the house of £12,000 on 5 Oct 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £12,000 | 5 Oct 2016 |
| 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 2016 the House Price Index for MEDWAY was 112.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £12,000 results in an estimated price of approximately £15,831.
| 5 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.0 | 31.926 % | £12,000 | £3,831 | £15,831 |
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 | 39.558 % | £4,747 | £16,747 |
| 3 Month Average | 39.014 % | £4,681 | £16,681 |
| 6 Month Average | 30.286 % | £3,634 | £15,634 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £293,771 | £290,000 | 179 BROADWAY |
| 18 Aug 2023 | £422,570 | £420,000 | 37 BROADWAY |
| 26 Jul 2023 | £282,674 | £280,000 | 23 PRIORY ROAD |
| 3 Feb 2023 | £303,564 | £305,000 | 118 BROADWAY |
| 11 Aug 2022 | £285,074 | £287,000 | 173 BROADWAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Sanctuary Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ito Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ito Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ito Way |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ito Way |