£675,970
This estimated value is based upon the latest sale price for the house of £572,000 on 6 Oct 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £572,000 | 6 Oct 2020 |
| £355,000 | 10 Mar 2008 |
| 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 October 2020 the House Price Index for MEDWAY was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £572,000 results in an estimated price of approximately £675,970.
| 6 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £572,000 | £103,970 | £675,970 |
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 | 15.267 % | £87,328 | £659,328 |
| 3 Month Average | 0.942 % | £5,387 | £577,387 |
| 6 Month Average | 9.482 % | £54,238 | £626,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £428,156 | £415,000 | 16 THE AVENUE |
| 8 Nov 2023 | £610,497 | £595,000 | 14 RINGLET ROAD |
| 12 Apr 2023 | £199,736 | £196,000 | 38 ISLAND WAY EAST |
| 30 May 2022 | £326,506 | £318,000 | 9 ISLAND WAY EAST |
| 12 May 2022 | £590,381 | £575,000 | 13 RINGLET ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ringlet Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ringlet Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ringlet Road |
| Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near Woodrush Place |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goldcrest Drive |