£272,568
This estimated value is based upon the latest sale price for the house of £175,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £175,000 | 30 May 2014 |
| £86,500 | 18 Sep 2006 |
| £64,000 | 22 Aug 1997 |
| 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 May 2014 the House Price Index for MEDWAY was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £175,000 results in an estimated price of approximately £272,568.
| 30 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £175,000 | £97,568 | £272,568 |
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 | 68.353 % | £119,617 | £294,617 |
| 3 Month Average | 54.320 % | £95,059 | £270,059 |
| 6 Month Average | 62.667 % | £109,667 | £284,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2022 | £573,086 | £575,000 | 37 SANDLING WAY |
| 1 Jul 2022 | £388,897 | £385,000 | 9 POCHARD CLOSE |
| 26 Apr 2022 | £435,712 | £419,995 | 7 HAVEN WAY |
| 17 Mar 2022 | £428,013 | £410,000 | 15 POCHARD CLOSE |
| 10 Dec 2021 | £480,292 | £445,000 | 9 HAVEN WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Pochard Close |
| Aug 2024 | Anti-social behaviour | On or near Dewberry Close | |
| Aug 2024 | Anti-social behaviour | On or near Dewberry Close | |
| Aug 2024 | Anti-social behaviour | On or near Dewberry Close | |
| Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near Woodrush Place |