£341,421
This estimated value is based upon the latest sale price for the house of £215,000 on 29 Jul 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £215,000 | 29 Jul 2007 |
| £190,000 | 31 May 2005 |
| 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 2007 the House Price Index for MEDWAY was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £215,000 results in an estimated price of approximately £341,421.
| 29 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £215,000 | £126,421 | £341,421 |
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 | 97.563 % | £209,761 | £424,761 |
| 3 Month Average | 91.151 % | £195,975 | £410,975 |
| 6 Month Average | 82.338 % | £177,026 | £392,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £272,365 | £270,000 | 43 BOXLEY ROAD |
| 8 Sep 2023 | £398,791 | £390,000 | 5 BOXLEY ROAD |
| 4 Aug 2023 | £392,071 | £385,000 | 4 MARION CLOSE |
| 28 Apr 2023 | £397,434 | £390,000 | 41 BOXLEY ROAD |
| 23 May 2022 | £338,827 | £330,000 | 11 FRANCIS DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Marion Close |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |