£390,892
This estimated value is based upon the latest sale price for the house of £249,995 on 19 Dec 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£249,995 | 19 Dec 2007 |
£146,995 | 2 Jul 2001 |
£99,000 | 12 Jun 1998 |
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 December 2007 the House Price Index for MEDWAY was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £249,995 results in an estimated price of approximately £390,892.
19 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 149.7 | 56.360 % | £249,995 | £140,897 | £390,892 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 98.035 % | £245,081 | £495,076 |
3 Month Average | 64.511 % | £161,275 | £411,270 |
6 Month Average | 66.953 % | £167,379 | £417,374 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2024 | £252,190 | £250,000 | 177 KINGSTON CRESCENT |
19 Dec 2023 | £335,303 | £325,000 | 193 KINGSTON CRESCENT |
29 Aug 2023 | £269,867 | £265,000 | 18 REDBRIDGE CLOSE |
4 Aug 2023 | £280,051 | £275,000 | 59 WEYBRIDGE CLOSE |
27 Apr 2023 | £295,528 | £290,000 | 175 KINGSTON CRESCENT |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merton Close |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingston Crescent |
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Redbridge Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redbridge Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redbridge Close |