£323,318
This estimated value is based upon the latest sale price for the house of £134,995 on 18 Mar 2003. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £134,995 | 18 Mar 2003 |
| £60,000 | 27 Feb 1998 |
| 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 March 2003 the House Price Index for MEDWAY was 61.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 139.504%.Applying this 139.504% change to the original purchase price of £134,995 results in an estimated price of approximately £323,318.
| 18 Mar 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 146.7 | 139.504 % | £134,995 | £188,323 | £323,318 |
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 | 66.711 % | £90,055 | £225,050 |
| 3 Month Average | 75.313 % | £101,669 | £236,664 |
| 6 Month Average | 125.377 % | £169,252 | £304,247 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mitchell Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mitchell Avenue |
| Mar 2024 | Other crime | Under investigation | On or near Scotteswood Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Scotteswood Avenue |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near St Leonards Avenue |