£325,857
This estimated value is based upon the latest sale price for the house of £243,500 on 16 Sep 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £243,500 | 16 Sep 2016 |
| £199,995 | 18 Jun 2010 |
| 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 September 2016 the House Price Index for MEDWAY was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £243,500 results in an estimated price of approximately £325,857.
| 16 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £243,500 | £82,357 | £325,857 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 32.180 % | £78,358 | £321,858 |
| 3 Month Average | 24.487 % | £59,625 | £303,125 |
| 6 Month Average | 23.747 % | £57,824 | £301,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £376,552 | £368,000 | 8 HERLUIN WAY |
| 4 Sep 2023 | £383,453 | £375,000 | 3 ARCHBISHOPS CRESCENT |
| 14 Aug 2023 | £359,484 | £353,000 | 14 HAZLEMERE DRIVE |
| 24 Mar 2023 | £305,095 | £300,000 | 10 FITZGILBERT CLOSE |
| 10 Oct 2022 | £294,018 | £295,000 | 25 ARCHBISHOPS CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Under investigation | On or near Fitzgilbert Close |
| Sep 2024 | Anti-social behaviour | On or near Odo Rise | |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Odo Rise |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Road |
| Sep 2024 | Burglary | Under investigation | On or near Grange Road |