£201,984
This estimated value is based upon the latest sale price for the house of £110,000 on 29 Jul 2009. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £110,000 | 29 Jul 2009 |
| 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 July 2009 the House Price Index for MEDWAY was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £110,000 results in an estimated price of approximately £201,984.
| 29 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.622 % | £110,000 | £91,984 | £201,984 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 130.871 % | £143,957 | £253,957 |
| 3 Month Average | 93.525 % | £102,877 | £212,877 |
| 6 Month Average | 93.307 % | £102,637 | £212,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2022 | £264,118 | £265,000 | 61 HERITAGE ROAD |
| 10 Oct 2022 | £199,334 | £200,000 | 22 TIMBER BANK |
| 20 May 2022 | £179,681 | £175,000 | 4 TIMBER BANK |
| 2 Dec 2021 | £253,637 | £235,000 | 6 TIMBER BANK |
| 19 Nov 2021 | £241,873 | £222,000 | 6 HERITAGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Timberbank |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Timberbank |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Timberbank |
| Jun 2024 | Public order | Under investigation | On or near Timberbank |
| Jun 2024 | Possession of weapons | Under investigation | On or near Timberbank |