£355,305
This estimated value is based upon the latest sale price for the house of £257,000 on 7 Jan 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £257,000 | 7 Jan 2016 |
| £227,000 | 1 Aug 2008 |
| 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 January 2016 the House Price Index for MEDWAY was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £257,000 results in an estimated price of approximately £355,305.
| 7 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £257,000 | £98,305 | £355,305 |
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 | 24.497 % | £62,956 | £319,956 |
| 3 Month Average | 29.740 % | £76,431 | £333,431 |
| 6 Month Average | 37.853 % | £97,283 | £354,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £371,413 | £360,000 | 12 COPPERGATE |
| 8 Dec 2023 | £281,139 | £272,500 | 62 GREENFINCHES |
| 8 Dec 2023 | £438,473 | £425,000 | 74 GREENFINCHES |
| 5 Apr 2023 | £336,290 | £330,000 | 43 SHEPHERDS GATE |
| 17 Feb 2023 | £271,816 | £270,000 | 52 GREENFINCHES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Greenfinches |
| Oct 2024 | Robbery | Under investigation | On or near Waters Place |
| Oct 2024 | Shoplifting | Awaiting court outcome | On or near Waters Place |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Waters Place |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Waters Place |