£530,533
This estimated value is based upon the latest sale price for the house of £127,000 on 14 Oct 1999. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£127,000 | 14 Oct 1999 |
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 October 1999 the House Price Index for MEDWAY was 35.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 317.743%.Applying this 317.743% change to the original purchase price of £127,000 results in an estimated price of approximately £530,533.
14 Oct 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
35.8 | 149.7 | 317.743 % | £127,000 | £403,533 | £530,533 |
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 | 331.547 % | £421,064 | £548,064 |
3 Month Average | 307.849 % | £390,968 | £517,968 |
6 Month Average | 318.961 % | £405,080 | £532,080 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Sep 2024 | £485,000 | £485,000 | 15 SANDOWN DRIVE |
23 Aug 2024 | £350,000 | £350,000 | 17 SANDOWN DRIVE |
24 Mar 2023 | £530,866 | £522,000 | 278 MAIDSTONE ROAD |
28 Nov 2022 | £360,315 | £362,000 | 259A MAIDSTONE ROAD |
30 May 2022 | £390,165 | £380,000 | 1 HIGHFIELD ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Camellia Close |
Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Mailyns |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Mailyns |
Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Highfield Road |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Highfield Road |