£222,157
This estimated value is based upon the latest sale price for the house of £140,000 on 1 Apr 2008. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £140,000 | 1 Apr 2008 |
| 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 April 2008 the House Price Index for MEDWAY was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £140,000 results in an estimated price of approximately £222,157.
| 1 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 148.6 | 58.684 % | £140,000 | £82,157 | £222,157 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 48.641 % | £68,097 | £208,097 |
| 3 Month Average | 53.855 % | £75,396 | £215,396 |
| 6 Month Average | 67.109 % | £93,952 | £233,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £234,096 | £230,000 | 8 PORTLAND ROAD |
| 25 Aug 2023 | £136,191 | £135,000 | 12 PORTLAND ROAD |
| 30 Jun 2023 | £237,881 | £235,000 | 5 ELM ROAD |
| 12 Jun 2023 | £293,556 | £290,000 | 15 CAVENDISH AVENUE |
| 8 Jun 2023 | £212,575 | £210,000 | 14 PORTLAND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Portland Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cavendish Avenue |