£279,091
This estimated value is based upon the latest sale price for the house of £60,000 on 3 Jul 1998. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £60,000 | 3 Jul 1998 |
| 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 July 1998 the House Price Index for MEDWAY was 31.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 365.152%.Applying this 365.152% change to the original purchase price of £60,000 results in an estimated price of approximately £279,091.
| 3 Jul 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.0 | 365.152 % | £60,000 | £219,091 | £279,091 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 558.035 % | £334,821 | £394,821 |
| 3 Month Average | 328.731 % | £197,238 | £257,238 |
| 6 Month Average | 337.302 % | £202,381 | £262,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £333,151 | £330,000 | 1 CHUTE CLOSE |
| 8 Jun 2023 | £277,248 | £275,000 | 19 COLLET WALK |
| 3 Mar 2023 | £291,576 | £290,000 | 31 BEKE ROAD |
| 9 May 2022 | £294,376 | £290,000 | 8 CRISPE CLOSE |
| 22 Apr 2022 | £364,103 | £355,000 | 27 CULPEPPER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Readscroft Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beke Road |
| Apr 2024 | Public order | Under investigation | On or near Moyle Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Craddock Way |
| Feb 2024 | Other theft | Under investigation | On or near Craddock Way |