£254,245
This estimated value is based upon the latest sale price for the house of £250,000 on 14 Mar 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 14 Mar 2023 |
| £260,000 | 14 Mar 2023 |
| £310,000 | 14 Mar 2023 |
| £120,000 | 3 Aug 2007 |
| £120,000 | 29 Jul 2005 |
| 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 March 2023 the House Price Index for MEDWAY was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £250,000 results in an estimated price of approximately £254,245.
| 14 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £250,000 | £4,245 | £254,245 |
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 | 44.343 % | £110,858 | £360,858 |
| 3 Month Average | -1.239 % | £-3,097 | £246,902 |
| 6 Month Average | -7.999 % | £-19,997 | £230,002 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £214,880 | £210,000 | 7 CASTLE ROAD |
| 14 Mar 2023 | £254,246 | £250,000 | 132 LUTON ROAD |
| 27 Jan 2023 | £381,018 | £380,000 | 97 LUTON ROAD |
| 7 Sep 2022 | £174,883 | £175,000 | 152 THOROLD ROAD |
| 24 Mar 2022 | £182,688 | £175,000 | 158 THOROLD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Short Street | |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Short Street |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Short Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Street |
| Aug 2024 | Anti-social behaviour | On or near Short Street |