£121,740
This estimated value is based upon the latest sale price for the house of £118,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £118,000 | 15 Dec 2023 |
| 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 December 2023 the House Price Index for MEDWAY was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £118,000 results in an estimated price of approximately £121,740.
| 15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £118,000 | £3,740 | £121,740 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | -2.062 % | £-2,433 | £115,566 |
| 3 Month Average | -5.737 % | £-6,770 | £111,229 |
| 6 Month Average | -9.716 % | £-11,465 | £106,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £250,854 | £247,000 | 155 SAXTON STREET |
| 21 Dec 2023 | £288,877 | £280,000 | 141 MARLBOROUGH ROAD |
| 15 Dec 2023 | £121,741 | £118,000 | FLAT 1 145 MARLBOROUGH ROAD |
| 18 Nov 2022 | £218,976 | £220,000 | 131 BRITTON STREET |
| 7 Oct 2022 | £187,374 | £188,000 | 91 BRITTON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Upper Britton Place |
| Sep 2024 | Anti-social behaviour | On or near Upper Britton Place | |
| Aug 2024 | Anti-social behaviour | On or near Upper Britton Place | |
| Aug 2024 | Possession of weapons | Under investigation | On or near Upper Britton Place |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Britton Place |