£214,382
This estimated value is based upon the latest sale price for the house of £136,000 on 13 Jul 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £136,000 | 13 Jul 2007 |
| 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 2007 the House Price Index for MEDWAY was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £136,000 results in an estimated price of approximately £214,382.
| 13 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £136,000 | £78,382 | £214,382 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 27.904 % | £37,949 | £173,949 |
| 3 Month Average | 47.024 % | £63,952 | £199,952 |
| 6 Month Average | 81.912 % | £111,400 | £247,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £436,462 | £430,000 | 112 CHESTNUT AVENUE |
| 3 Nov 2023 | £685,143 | £675,000 | 155 CHESTNUT AVENUE |
| 7 Sep 2023 | £253,238 | £250,000 | 39 VALERIAN CLOSE |
| 14 Apr 2023 | £318,429 | £315,000 | 239 KING GEORGE ROAD |
| 10 Mar 2023 | £241,598 | £239,322 | 3 KIT HILL AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Norton Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Norton Grove |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Norton Grove |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Orchid Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Campion Close |