£272,108
This estimated value is based upon the latest sale price for the house of £219,000 on 29 Jul 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £219,000 | 29 Jul 2019 |
| 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 2019 the House Price Index for MEDWAY was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £219,000 results in an estimated price of approximately £272,108.
| 29 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £219,000 | £53,108 | £272,108 |
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 | 0.457 % | £1,000 | £220,000 |
| 3 Month Average | 7.996 % | £17,510 | £236,510 |
| 6 Month Average | 12.144 % | £26,595 | £245,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £357,889 | £350,000 | 169 WAKELEY ROAD |
| 18 Sep 2023 | £301,650 | £295,000 | 226 WAKELEY ROAD |
| 18 Aug 2023 | £307,547 | £302,000 | 126 TASWELL ROAD |
| 24 Nov 2022 | £354,343 | £356,000 | 115 OTTERHAM QUAY LANE |
| 22 Jul 2022 | £343,441 | £340,000 | 183 WAKELEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Harwood Road |
| Jul 2024 | Robbery | Under investigation | On or near Banky Fields Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Banky Fields Close |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Banky Fields Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Banky Fields Close |