£350,295
This estimated value is based upon the latest sale price for the house of £340,000 on 31 Jan 2024. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £340,000 | 31 Jan 2024 |
| £170,000 | 7 Aug 2006 |
| 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 January 2024 the House Price Index for MEDWAY was 145.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.028%.Applying this 3.028% change to the original purchase price of £340,000 results in an estimated price of approximately £350,295.
| 31 Jan 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.3 | 149.7 | 3.028 % | £340,000 | £10,295 | £350,295 |
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 | 2.622 % | £8,915 | £348,915 |
| 3 Month Average | 1.319 % | £4,485 | £344,485 |
| 6 Month Average | 1.829 % | £6,219 | £346,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £875,000 | £875,000 | THE SQUARE OAST SILOAM FARM MIERSCOURT ROAD |
| 18 Dec 2023 | £361,096 | £350,000 | 45 PLOUGHMANS WAY |
| 5 Sep 2023 | £296,537 | £290,000 | 29 GLISTENING GLADE |
| 30 Aug 2022 | £336,574 | £335,000 | 190 PLOUGHMANS WAY |
| 4 Aug 2022 | £391,832 | £390,000 | 111 PLOUGHMANS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Honey Bee Glade | |
| Aug 2024 | Anti-social behaviour | On or near Honey Bee Glade | |
| Aug 2024 | Anti-social behaviour | On or near Honey Bee Glade | |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Honey Bee Glade |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Honey Bee Glade |