£283,819
This estimated value is based upon the latest sale price for the house of £280,000 on 26 Jul 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £280,000 | 26 Jul 2023 |
| 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 July 2023 the House Price Index for MEDWAY was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £280,000 results in an estimated price of approximately £283,819.
| 26 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £280,000 | £3,819 | £283,819 |
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 | 103.626 % | £290,151 | £570,151 |
| 3 Month Average | -3.656 % | £-10,236 | £269,763 |
| 6 Month Average | -3.810 % | £-10,668 | £269,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £423,707 | £420,000 | 37 BROADWAY |
| 26 Jul 2023 | £283,820 | £280,000 | 23 PRIORY ROAD |
| 24 Mar 2023 | £339,196 | £336,000 | 10 PRIORY ROAD |
| 3 Feb 2023 | £304,795 | £305,000 | 118 BROADWAY |
| 8 Jul 2022 | £431,161 | £430,000 | 39 BROADWAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Priory Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Priory Road |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Priory Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Priory Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Priory Road |