£265,705
This estimated value is based upon the latest sale price for the house of £227,500 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £227,500 | 20 Nov 2020 |
| £60,500 | 24 Sep 2013 |
| 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 November 2020 the House Price Index for MEDWAY was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £227,500 results in an estimated price of approximately £265,705.
| 20 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £227,500 | £38,205 | £265,705 |
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 | 24.912 % | £56,675 | £284,175 |
| 3 Month Average | 7.857 % | £17,873 | £245,373 |
| 6 Month Average | 10.666 % | £24,265 | £251,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £460,458 | £450,000 | 7 CALDECOTE CLOSE |
| 19 Sep 2023 | £235,184 | £230,000 | 30 TEN ACRE WAY |
| 18 Aug 2023 | £307,547 | £302,000 | 126 TASWELL ROAD |
| 24 Mar 2023 | £284,755 | £280,000 | 20 TEN ACRE WAY |
| 2 Mar 2023 | £254,246 | £250,000 | 81 TASWELL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Banky Fields Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Banky Fields Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Banky Fields Close |
| Jul 2024 | Robbery | Awaiting court outcome | On or near Banky Fields Close |
| Oct 2024 | Anti-social behaviour | On or near Harwood Road |