£374,528
This estimated value is based upon the latest sale price for the house of £300,000 on 9 Jul 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £300,000 | 9 Jul 2018 |
| 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 2018 the House Price Index for MEDWAY was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £300,000 results in an estimated price of approximately £374,528.
| 9 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £300,000 | £74,528 | £374,528 |
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 | 16.357 % | £49,069 | £349,069 |
| 3 Month Average | 3.221 % | £9,662 | £309,662 |
| 6 Month Average | 19.573 % | £58,718 | £358,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £902,920 | £880,000 | THE PRINCE OF WALES HOTEL RAILWAY STREET |
| 29 Sep 2023 | £178,945 | £175,000 | FLAT 6 1 OLD ROAD |
| 9 Mar 2023 | £249,161 | £245,000 | 102 HIGH STREET |
| 30 Jan 2023 | £230,616 | £230,000 | FLAT 1 1 OLD ROAD |
| 6 Jun 2022 | £130,796 | £128,000 | FLAT 9 DANIELSON COURT, 7 MANOR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Railway Street | |
| May 2024 | Anti-social behaviour | On or near Railway Street |