£273,339
This estimated value is based upon the latest sale price for the house of £80,000 on 1 Jun 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£80,000 | 1 Jun 2001 |
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 2001 the House Price Index for MEDWAY was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £80,000 results in an estimated price of approximately £273,339.
1 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.8 | 149.7 | 241.675 % | £80,000 | £193,339 | £273,339 |
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 | 200.459 % | £160,367 | £240,367 |
3 Month Average | 229.224 % | £183,378 | £263,378 |
6 Month Average | 243.480 % | £194,783 | £274,783 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £295,930 | £290,000 | 12 CRUNDALE ROAD |
4 Apr 2023 | £244,575 | £240,000 | 1 BODIAM CLOSE |
31 Jan 2023 | £295,790 | £295,000 | 193 BEECHINGS WAY |
16 Jan 2023 | £285,764 | £285,000 | 108 GOUDHURST ROAD |
1 Aug 2022 | £316,480 | £315,000 | 9 MILSTED ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Minster Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Minster Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Minster Road |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Minster Road |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Milsted Road |