£169,195
This estimated value is based upon the latest sale price for the house of £167,500 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £167,500 | 15 Jul 2022 |
| £160,000 | 24 Aug 2016 |
| Flats/Maisonettes |
| Leasehold |
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 July 2022 the House Price Index for MEDWAY was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £167,500 results in an estimated price of approximately £169,195.
| 15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £167,500 | £1,695 | £169,195 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | -0.918 % | £-1,537 | £165,962 |
| 3 Month Average | -6.994 % | £-11,715 | £155,784 |
| 6 Month Average | -4.704 % | £-7,878 | £159,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £167,012 | £164,000 | 53B ROCK AVENUE |
| 9 Aug 2022 | £316,480 | £315,000 | 43 ROCK AVENUE |
| 15 Jul 2022 | £169,195 | £167,500 | FLAT 4 2 ROCK AVENUE |
| 20 Jun 2022 | £133,861 | £131,000 | FLAT 8 2 ROCK AVENUE |
| 11 Mar 2022 | £197,825 | £189,500 | 47 SHAKESPEARE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Canterbury Street |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Canterbury Street |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Canterbury Street |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Canterbury Street |
| Jul 2024 | Drugs | Awaiting court outcome | On or near Canterbury Street |