£139,914
This estimated value is based upon the latest sale price for the house of £39,000 on 15 Jan 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £39,000 | 15 Jan 2001 |
| 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 January 2001 the House Price Index for MEDWAY was 41.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 258.756%.Applying this 258.756% change to the original purchase price of £39,000 results in an estimated price of approximately £139,914.
| 15 Jan 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 149.7 | 258.756 % | £39,000 | £100,914 | £139,914 |
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 | 311.141 % | £121,345 | £160,345 |
| 3 Month Average | 255.478 % | £99,636 | £138,636 |
| 6 Month Average | 265.239 % | £103,443 | £142,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £137,761 | £135,000 | 11 SOMERSET CLOSE |
| 17 Feb 2023 | £312,085 | £310,000 | 20 WORDSWORTH CLOSE |
| 24 Aug 2022 | £264,236 | £263,000 | 14 WORDSWORTH CLOSE |
| 10 Aug 2022 | £276,292 | £275,000 | 18 WORDSWORTH CLOSE |
| 22 Jul 2022 | £253,540 | £251,000 | 10 HAMPSHIRE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Devon Close |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Devon Close |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Devon Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Devon Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hampshire Close |