£459,054
This estimated value is based upon the latest sale price for the house of £250,000 on 31 Jul 2009. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 31 Jul 2009 |
| Semi-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 July 2009 the House Price Index for MEDWAY was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £250,000 results in an estimated price of approximately £459,054.
| 31 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.622 % | £250,000 | £209,054 | £459,054 |
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 | 60.363 % | £150,908 | £400,908 |
| 3 Month Average | 60.230 % | £150,575 | £400,575 |
| 6 Month Average | 91.775 % | £229,438 | £479,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £563,660 | £555,000 | 18 TAPPAN DRIVE |
| 20 Dec 2023 | £309,511 | £300,000 | 2 DEERING CLOSE |
| 15 Dec 2023 | £675,765 | £655,000 | 44 THE CAUSEWAY |
| 7 Sep 2023 | £245,410 | £240,000 | 2 THE CAUSEWAY |
| 31 Mar 2023 | £569,511 | £560,000 | 17 HENRIETTA CHASE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Westview |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ringlet Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ringlet Road |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Ringlet Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Goldcrest Drive |