£280,601
This estimated value is based upon the latest sale price for the house of £79,500 on 9 Feb 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £79,500 | 9 Feb 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 February 2001 the House Price Index for MEDWAY was 42.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 252.958%.Applying this 252.958% change to the original purchase price of £79,500 results in an estimated price of approximately £280,601.
| 9 Feb 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 148.6 | 252.958 % | £79,500 | £201,101 | £280,601 |
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 | 461.364 % | £366,784 | £446,284 |
| 3 Month Average | 269.599 % | £214,331 | £293,831 |
| 6 Month Average | 256.584 % | £203,984 | £283,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £404,354 | £400,000 | 16 MAYFIELD CLOSE |
| 14 Feb 2023 | £319,785 | £320,000 | 1 HEREFORD CLOSE |
| 14 Jun 2022 | £339,802 | £335,000 | 341 BEECHINGS WAY |
| 26 Apr 2022 | £288,344 | £280,000 | 2 MONMOUTH CLOSE |
| 25 Mar 2022 | £279,791 | £270,000 | 2 HEREFORD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ely Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ely Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pembury Way |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pembury Way |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pembury Way |