£304,842
This estimated value is based upon the latest sale price for the house of £247,500 on 29 Apr 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Ringlet Road
More crime details
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| Price Paid | Date |
|---|---|
| £247,500 | 29 Apr 2019 |
| £210,000 | 29 May 2015 |
| Flats/Maisonettes |
| Leasehold |
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 2019 the House Price Index for MEDWAY was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £247,500 results in an estimated price of approximately £304,842.
| 29 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £247,500 | £57,342 | £304,842 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 8.773 % | £21,712 | £269,212 |
| 3 Month Average | 32.473 % | £80,369 | £327,869 |
| 6 Month Average | 22.435 % | £55,525 | £303,025 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £427,600 | £425,000 | 24 DUNLIN DRIVE |
| 10 Feb 2023 | £238,870 | £240,000 | 28 PHALAROPE WAY |
| 13 Jan 2023 | £398,500 | £402,000 | 22 DUNLIN DRIVE |
| 22 Jul 2022 | £259,644 | £259,995 | 75 DUNLIN DRIVE |
| 25 May 2022 | £600,933 | £592,000 | 1 PHALAROPE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Ringlet Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Island Way East |
| Mar 2024 | Other crime | Further investigation is not in the public interest | On or near Island Way East |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Pochard Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Little Victory Mount |