£285,714
This estimated value is based upon the latest sale price for the house of £165,000 on 6 Jan 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £165,000 | 6 Jan 2012 |
| £180,000 | 2 Mar 2007 |
| £149,995 | 12 Dec 2003 |
| 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 January 2012 the House Price Index for MEDWAY was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £165,000 results in an estimated price of approximately £285,714.
| 6 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £165,000 | £120,714 | £285,714 |
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 | 98.274 % | £162,151 | £327,151 |
| 3 Month Average | 86.045 % | £141,973 | £306,973 |
| 6 Month Average | 83.565 % | £137,882 | £302,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £407,347 | £400,000 | 153 LONSDALE DRIVE |
| 15 Jul 2022 | £277,783 | £275,000 | 63 NIGHTINGALE CLOSE |
| 27 Jun 2022 | £424,065 | £415,000 | 58 SILVERSPOT CLOSE |
| 15 Mar 2022 | £376,860 | £361,000 | 34 SILVERSPOT CLOSE |
| 20 Jan 2022 | £328,661 | £310,000 | 72 SILVERSPOT CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Silverspot Close |
| Jul 2024 | Other crime | Action to be taken by another organisation | On or near Silverspot Close |
| Jul 2024 | Other crime | Action to be taken by another organisation | On or near Silverspot Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The Crofters |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crofters |