£312,107
This estimated value is based upon the latest sale price for the house of £280,000 on 15 Oct 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£280,000 | 15 Oct 2021 |
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 October 2021 the House Price Index for MEDWAY was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £280,000 results in an estimated price of approximately £312,107.
15 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 149.7 | 11.467 % | £280,000 | £32,107 | £312,107 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -9.087 % | £-25,442 | £254,557 |
3 Month Average | -1.897 % | £-5,310 | £274,689 |
6 Month Average | -0.670 % | £-1,875 | £278,124 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £277,032 | £270,000 | 222 ROCHESTER STREET |
12 Oct 2023 | £236,368 | £231,000 | 114 DALE STREET |
12 Apr 2023 | £224,193 | £220,000 | 155 DALE STREET |
6 Mar 2023 | £249,161 | £245,000 | 118 PAGITT STREET |
20 Jun 2022 | £155,831 | £152,500 | FLAT 1 VIRGINIA COURT ROCHESTER STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Corkwell Street |
Oct 2024 | Other crime | Under investigation | On or near Corkwell Street |
Oct 2024 | Drugs | Unable to prosecute suspect | On or near Corkwell Street |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Corkwell Street |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Corkwell Street |