£356,509
This estimated value is based upon the latest sale price for the house of £71,950 on 5 Nov 1997. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £71,950 | 5 Nov 1997 |
| 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 November 1997 the House Price Index for MEDWAY was 30.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 395.496%.Applying this 395.496% change to the original purchase price of £71,950 results in an estimated price of approximately £356,509.
| 5 Nov 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 149.7 | 395.496 % | £71,950 | £284,559 | £356,509 |
The Postcode Pricing Model uses changes in average sales price within the ME3 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 | 271.182 % | £195,115 | £267,065 |
| 3 Month Average | 407.095 % | £292,904 | £364,854 |
| 6 Month Average | 423.433 % | £304,660 | £376,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Aug 2022 | £361,691 | £360,000 | 16 PEAL CLOSE |
| 25 Nov 2021 | £277,828 | £255,000 | 26 PEAL CLOSE |
| 27 Oct 2021 | £407,969 | £366,000 | 73 BELLS LANE |
| 30 Sep 2021 | £303,959 | £280,000 | 53 BELLS LANE |
| 24 Sep 2021 | £260,537 | £240,000 | 51 STOKE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Peal Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peal Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peal Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Gamelan Crescent |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Gamelan Crescent |