£190,389
This estimated value is based upon the latest sale price for the house of £119,995 on 14 Jun 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £119,995 | 14 Jun 2007 |
| £109,500 | 2 Dec 2005 |
| £95,995 | 29 Mar 2004 |
| £49,500 | 29 Mar 2001 |
| £38,000 | 2 Jul 1999 |
| £33,000 | 27 Jun 1997 |
| 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 June 2007 the House Price Index for MEDWAY was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £119,995 results in an estimated price of approximately £190,389.
| 14 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £119,995 | £70,394 | £190,389 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 32.282 % | £38,736 | £158,731 |
| 3 Month Average | 48.596 % | £58,312 | £178,307 |
| 6 Month Average | 82.118 % | £98,537 | £218,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £345,000 | £345,000 | 27 WOOLWICH CLOSE |
| 1 Dec 2023 | £305,342 | £300,000 | 18 COLCHESTER CLOSE |
| 28 Apr 2023 | £192,068 | £190,000 | 9A COLCHESTER CLOSE |
| 8 Mar 2023 | £252,277 | £249,900 | 12 ALDERSHOT ROAD |
| 8 Mar 2023 | £524,946 | £520,000 | 10 WOOLWICH CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Colchester Close | |
| Mar 2024 | Anti-social behaviour | On or near Colchester Close | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Colchester Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colchester Close |
| Mar 2024 | Public order | Under investigation | On or near Eden Avenue |