£610,174
This estimated value is based upon the latest sale price for the house of £139,950 on 30 Jun 1999. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £139,950 | 30 Jun 1999 |
| 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 June 1999 the House Price Index for MEDWAY was 33.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 335.995%.Applying this 335.995% change to the original purchase price of £139,950 results in an estimated price of approximately £610,174.
| 30 Jun 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 148.0 | 335.995 % | £139,950 | £470,224 | £610,174 |
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 | 261.214 % | £365,568 | £505,518 |
| 3 Month Average | 351.480 % | £491,896 | £631,846 |
| 6 Month Average | 362.777 % | £507,706 | £647,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £580,491 | £575,000 | 49 REDSHANK ROAD |
| 21 Dec 2021 | £640,231 | £600,000 | 47 REDSHANK ROAD |
| 14 Sep 2020 | £481,904 | £407,500 | 6 REDSHANK ROAD |
| 14 Aug 2020 | £740,419 | £620,000 | 51 REDSHANK ROAD |
| 18 Jun 2020 | £531,901 | £441,000 | 14 REDSHANK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Teal Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Teal Drive |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Teal Drive |
| Jan 2024 | Other crime | Action to be taken by another organisation | On or near Teal Drive |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Teal Drive |