£158,310
This estimated value is based upon the latest sale price for the house of £120,000 on 12 Oct 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £120,000 | 12 Oct 2016 |
| Flats/Maisonettes |
| Leasehold |
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 2016 the House Price Index for MEDWAY was 112.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £120,000 results in an estimated price of approximately £158,310.
| 12 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.0 | 31.926 % | £120,000 | £38,310 | £158,310 |
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 | 50.593 % | £60,711 | £180,711 |
| 3 Month Average | 8.811 % | £10,573 | £130,573 |
| 6 Month Average | 29.926 % | £35,910 | £155,910 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £295,395 | £293,000 | 57 YARROW ROAD |
| 28 Apr 2023 | £211,573 | £210,000 | 18 GORSE AVENUE |
| 23 Mar 2023 | £246,332 | £245,000 | 10 ROSEMARY CLOSE |
| 25 Oct 2022 | £262,104 | £266,000 | 19 YARROW ROAD |
| 22 Jul 2022 | £274,629 | £275,000 | 30 FOXGLOVE CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Sharon Crescent | |
| Mar 2024 | Anti-social behaviour | On or near Sharon Crescent | |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Sharon Crescent |
| Feb 2024 | Criminal damage and arson | Offender given a caution | On or near Sharon Crescent |
| Jan 2024 | Anti-social behaviour | On or near Sharon Crescent |