£345,974
This estimated value is based upon the latest sale price for the house of £216,000 on 6 May 2008. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £216,000 | 6 May 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 May 2008 the House Price Index for MEDWAY was 93.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.173%.Applying this 60.173% change to the original purchase price of £216,000 results in an estimated price of approximately £345,974.
| 6 May 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 149.7 | 60.173 % | £216,000 | £129,974 | £345,974 |
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 | 55.319 % | £119,489 | £335,489 |
| 3 Month Average | 68.480 % | £147,916 | £363,916 |
| 6 Month Average | 67.248 % | £145,256 | £361,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £470,690 | £460,000 | 29 LONDON ROAD |
| 2 Sep 2022 | £389,740 | £390,000 | 4 BIRLING AVENUE |
| 17 Nov 2021 | £599,236 | £550,000 | 51 LONDON ROAD |
| 11 Nov 2021 | £533,865 | £490,000 | 15 BIRLING AVENUE |
| 29 Sep 2021 | £412,516 | £380,000 | 2 ROBERTS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Public order | Under investigation | On or near Parking Area |
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Public order | Awaiting court outcome | On or near Parking Area |