£335,640
This estimated value is based upon the latest sale price for the house of £260,000 on 3 Mar 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £260,000 | 3 Mar 2017 |
| 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 March 2017 the House Price Index for MEDWAY was 114.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 29.093%.Applying this 29.093% change to the original purchase price of £260,000 results in an estimated price of approximately £335,640.
| 3 Mar 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.0 | 29.093 % | £260,000 | £75,640 | £335,640 |
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 | 92.920 % | £241,591 | £501,591 |
| 3 Month Average | 27.931 % | £72,621 | £332,621 |
| 6 Month Average | 25.413 % | £66,073 | £326,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £194,497 | £192,000 | 67 SCOTT AVENUE |
| 25 Aug 2023 | £136,832 | £136,000 | FLAT 5 STRATFORD COURT STRATFORD LANE |
| 9 Aug 2023 | £171,040 | £170,000 | 136 HIGH STREET |
| 16 Mar 2023 | £430,326 | £428,000 | 38 MIERSCOURT ROAD |
| 11 Jan 2023 | £371,735 | £375,000 | 15 CHERRY TREE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cherry Tree Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Tree Road |
| Jan 2024 | Anti-social behaviour | On or near Cherry Amber Close | |
| Jan 2024 | Anti-social behaviour | On or near Cherry Amber Close | |
| Jan 2024 | Anti-social behaviour | On or near Cherry Amber Close |