£318,071
This estimated value is based upon the latest sale price for the house of £293,000 on 22 Sep 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£293,000 | 22 Sep 2021 |
£265,000 | 17 Feb 2017 |
£209,950 | 4 Sep 2008 |
Semi-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 September 2021 the House Price Index for MEDWAY was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £293,000 results in an estimated price of approximately £318,071.
22 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £293,000 | £25,071 | £318,071 |
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 | 45.013 % | £131,888 | £424,888 |
3 Month Average | 13.346 % | £39,102 | £332,102 |
6 Month Average | 1.738 % | £5,092 | £298,092 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £675,765 | £655,000 | 44 THE CAUSEWAY |
7 Sep 2023 | £245,410 | £240,000 | 2 THE CAUSEWAY |
25 Aug 2023 | £565,194 | £555,000 | 20 LITTLE VICTORY MOUNT |
31 Mar 2023 | £569,511 | £560,000 | 17 HENRIETTA CHASE |
24 Mar 2023 | £581,715 | £572,000 | 45 HENRIETTA CHASE |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Deering Close |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Westview |
Aug 2024 | Other crime | Under investigation | On or near Westview |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Shoreway |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goldcrest Drive |