£217,447
This estimated value is based upon the latest sale price for the house of £132,500 on 14 Feb 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£132,500 | 14 Feb 2007 |
£58,000 | 20 Mar 2000 |
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 February 2007 the House Price Index for MEDWAY was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £132,500 results in an estimated price of approximately £217,447.
14 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.2 | 149.7 | 64.111 % | £132,500 | £84,947 | £217,447 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 61.361 % | £81,302 | £213,802 |
3 Month Average | 59.632 % | £79,012 | £211,512 |
6 Month Average | 65.626 % | £86,954 | £219,454 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jun 2024 | £250,000 | £250,000 | 1 BLENHEIM AVENUE |
3 Aug 2023 | £137,480 | £135,000 | 2 SEMPLE GARDENS |
20 Jan 2023 | £163,537 | £163,100 | 34 SEMPLE GARDENS |
28 Nov 2021 | £185,218 | £170,000 | 10 SEMPLE GARDENS |
6 Oct 2021 | £289,814 | £260,000 | 41 GROSVENOR AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Semple Gardens |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Semple Gardens |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Semple Gardens |
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mozart Court |
Oct 2024 | Public order | Unable to prosecute suspect | On or near Mozart Court |