£224,823
This estimated value is based upon the latest sale price for the house of £138,000 on 27 Jun 2008. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £138,000 | 27 Jun 2008 |
| £91,000 | 16 Aug 2002 |
| £50,000 | 12 Apr 2000 |
| £43,500 | 30 Apr 1998 |
| £40,000 | 4 Aug 1995 |
| 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 June 2008 the House Price Index for MEDWAY was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.916%.Applying this 62.916% change to the original purchase price of £138,000 results in an estimated price of approximately £224,823.
| 27 Jun 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.916 % | £138,000 | £86,823 | £224,823 |
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 | 86.335 % | £119,142 | £257,142 |
| 3 Month Average | 59.902 % | £82,665 | £220,665 |
| 6 Month Average | 64.840 % | £89,479 | £227,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £258,979 | £255,000 | 7 ROSEBERY ROAD |
| 27 Nov 2023 | £218,035 | £212,500 | 27 MACDONALD ROAD |
| 22 Nov 2023 | £287,293 | £280,000 | 16 MACDONALD ROAD |
| 22 Sep 2023 | £218,824 | £214,000 | 16 ROSEBERY ROAD |
| 30 Jun 2023 | £306,135 | £300,000 | 3 ROSEBERY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Macdonald Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Macdonald Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Macdonald Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Macdonald Road |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Macdonald Road |