£132,477
This estimated value is based upon the latest sale price for the house of £130,000 on 5 Apr 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £130,000 | 5 Apr 2023 |
| 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 April 2023 the House Price Index for MEDWAY was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £130,000 results in an estimated price of approximately £132,477.
| 5 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £130,000 | £2,477 | £132,477 |
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 | -16.841 % | £-21,893 | £108,106 |
| 3 Month Average | -8.282 % | £-10,766 | £119,233 |
| 6 Month Average | -8.006 % | £-10,408 | £119,591 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £305,000 | £305,000 | 48 NEW ROAD |
| 9 Apr 2024 | £151,314 | £150,000 | 10 BERKELEY MOUNT |
| 1 Nov 2023 | £902,920 | £880,000 | THE PRINCE OF WALES HOTEL RAILWAY STREET |
| 20 Oct 2023 | £317,204 | £310,000 | 22 NEW ROAD |
| 7 Aug 2023 | £213,857 | £210,000 | FLAT 2 2 NEW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near The Paddock |
| Aug 2024 | Public order | Under investigation | On or near The Paddock |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Paddock |
| Oct 2024 | Vehicle crime | Under investigation | On or near Clover Street |
| Sep 2024 | Anti-social behaviour | On or near Clover Street |