£245,762
This estimated value is based upon the latest sale price for the house of £153,000 on 26 Apr 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £153,000 | 26 Apr 2007 |
| £125,000 | 29 Aug 2003 |
| £74,995 | 12 Nov 2001 |
| 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 April 2007 the House Price Index for MEDWAY was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £153,000 results in an estimated price of approximately £245,762.
| 26 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £153,000 | £92,762 | £245,762 |
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 | 32.309 % | £49,433 | £202,433 |
| 3 Month Average | 51.476 % | £78,758 | £231,758 |
| 6 Month Average | 82.275 % | £125,880 | £278,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £253,411 | £250,000 | 10 FLAMINGO CLOSE |
| 3 Apr 2023 | £262,830 | £260,000 | 37 FLAMINGO CLOSE |
| 24 Feb 2023 | £239,839 | £240,000 | 9 FLAMINGO CLOSE |
| 1 Sep 2022 | £262,877 | £265,000 | 7 CHAFFINCH CLOSE |
| 10 Aug 2022 | £218,412 | £219,000 | 51 CHAFFINCH CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chaffinch Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Chaffinch Close |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Clover Bank View |
| Feb 2024 | Anti-social behaviour | On or near Coverdale Close | |
| Feb 2024 | Anti-social behaviour | On or near Coverdale Close |