£278,021
This estimated value is based upon the latest sale price for the house of £164,000 on 21 Aug 2008. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £164,000 | 21 Aug 2008 |
| £63,000 | 28 May 1999 |
| 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 August 2008 the House Price Index for MEDWAY was 88.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 69.526%.Applying this 69.526% change to the original purchase price of £164,000 results in an estimated price of approximately £278,021.
| 21 Aug 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 149.7 | 69.526 % | £164,000 | £114,021 | £278,021 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 106.409 % | £174,510 | £338,510 |
| 3 Month Average | 90.329 % | £148,139 | £312,139 |
| 6 Month Average | 77.810 % | £127,608 | £291,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £312,944 | £305,000 | 2 GREENWICH CLOSE |
| 19 Sep 2023 | £281,199 | £275,000 | 9 LAMBETH CLOSE |
| 18 Aug 2023 | £290,235 | £285,000 | 10 GREENWICH CLOSE |
| 30 Jun 2023 | £255,112 | £250,000 | 33 LAMBETH CLOSE |
| 18 Apr 2023 | £310,813 | £305,000 | 38 EALING CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenwich Close |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greenwich Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenwich Close |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Greenwich Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ealing Close |