£6,099
This estimated value is based upon the latest sale price for the house of £5,000 on 30 Jun 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Bingley Road
More crime details
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| Price Paid | Date |
|---|---|
| £5,000 | 30 Jun 2020 |
| 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 June 2020 the House Price Index for MEDWAY was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £5,000 results in an estimated price of approximately £6,099.
| 30 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £5,000 | £1,099 | £6,099 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 29064.100 % | £1,453,205 | £1,458,205 |
| 3 Month Average | 44.685 % | £2,234 | £7,234 |
| 6 Month Average | 22.876 % | £1,143 | £6,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2024 | £98,112 | £98,112 | 35 NEW ROAD |
| 27 Oct 2023 | £266,042 | £260,000 | 7 FIVE BELLS LANE |
| 17 Oct 2023 | £129,951 | £127,000 | FLAT 12 THE HEIGHTS, 32 NEW ROAD |
| 13 Sep 2023 | £247,966 | £242,500 | FLAT 5 ROYAL OAK HOUSE DOUST WAY |
| 6 Sep 2023 | £10,736,681 | £10,500,000 | DOUST HOUSE DOUST WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Bingley Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Bartholomew'S Terrace |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near St Bartholomew'S Terrace |
| Oct 2024 | Burglary | Under investigation | On or near Foundary Wharf |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Five Bells Lane |