£296,669
This estimated value is based upon the latest sale price for the house of £93,000 on 18 Dec 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£93,000 | 18 Dec 2001 |
£62,000 | 29 Apr 1999 |
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 December 2001 the House Price Index for MEDWAY was 46.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 218.999%.Applying this 218.999% change to the original purchase price of £93,000 results in an estimated price of approximately £296,669.
18 Dec 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.9 | 149.7 | 218.999 % | £93,000 | £203,669 | £296,669 |
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 | 262.817 % | £244,419 | £337,419 |
3 Month Average | 207.673 % | £193,136 | £286,136 |
6 Month Average | 219.008 % | £203,677 | £296,677 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2022 | £330,455 | £332,000 | 29 STIRLING CLOSE |
13 May 2022 | £405,566 | £395,000 | 19 TYLER DRIVE |
29 Sep 2021 | £271,392 | £250,000 | 5 OLD CASTLE WALK |
24 Sep 2021 | £287,676 | £265,000 | 16 TYLER DRIVE |
6 Sep 2021 | £271,392 | £250,000 | 41 LYALL WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Stirling Close |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stirling Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clavell Close |
Aug 2024 | Other theft | Unable to prosecute suspect | On or near Tyler Drive |
Oct 2024 | Anti-social behaviour | On or near Nares Road |