£216,773
This estimated value is based upon the latest sale price for the house of £174,167 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £174,167 | 28 Jun 2019 |
| £145,000 | 14 Apr 2011 |
| £54,000 | 21 Nov 1997 |
| £48,870 | 2 Oct 1995 |
| 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 June 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £174,167 results in an estimated price of approximately £216,773.
| 28 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £174,167 | £42,606 | £216,773 |
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 | -1.079 % | £-1,880 | £172,286 |
| 3 Month Average | 9.356 % | £16,295 | £190,462 |
| 6 Month Average | 13.579 % | £23,649 | £197,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £460,458 | £450,000 | 7 CALDECOTE CLOSE |
| 19 Sep 2023 | £235,184 | £230,000 | 30 TEN ACRE WAY |
| 23 Jun 2023 | £239,806 | £235,000 | 6 TEN ACRE WAY |
| 24 Mar 2023 | £284,755 | £280,000 | 20 TEN ACRE WAY |
| 1 Feb 2022 | £517,664 | £490,000 | 19 TEN ACRE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ten Acre Way |
| May 2024 | Burglary | Under investigation | On or near Caldecote Close |
| Jul 2024 | Robbery | Under investigation | On or near Banky Fields Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Banky Fields Close |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Banky Fields Close |