£344,263
This estimated value is based upon the latest sale price for the house of £285,000 on 27 Aug 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £285,000 | 27 Aug 2020 |
| £275,000 | 23 Jul 2018 |
| £145,000 | 17 Jul 2009 |
| 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 August 2020 the House Price Index for MEDWAY was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £285,000 results in an estimated price of approximately £344,263.
| 27 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £285,000 | £59,263 | £344,263 |
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 | 27.644 % | £78,784 | £363,784 |
| 3 Month Average | 9.105 % | £25,949 | £310,949 |
| 6 Month Average | 8.693 % | £24,774 | £309,774 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £875,000 | £875,000 | THE SQUARE OAST SILOAM FARM MIERSCOURT ROAD |
| 5 Sep 2023 | £296,537 | £290,000 | 29 GLISTENING GLADE |
| 10 Mar 2023 | £11,187 | £11,000 | GARAGE 11 GLISTENING GLADE |
| 5 Aug 2022 | £276,380 | £275,088 | 13 LAUREL WALK |
| 4 Aug 2022 | £391,832 | £390,000 | 111 PLOUGHMANS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Mossy Glade | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Mossy Glade |
| Aug 2024 | Anti-social behaviour | On or near Mossy Glade | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mierscourt Road |
| Aug 2024 | Anti-social behaviour | On or near Ploughmans Way |