£208,118
This estimated value is based upon the latest sale price for the house of £58,000 on 11 Dec 2000. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £58,000 | 11 Dec 2000 |
| 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 December 2000 the House Price Index for MEDWAY was 41.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 258.825%.Applying this 258.825% change to the original purchase price of £58,000 results in an estimated price of approximately £208,118.
| 11 Dec 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 148.0 | 258.825 % | £58,000 | £150,118 | £208,118 |
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 | 261.882 % | £151,891 | £209,891 |
| 3 Month Average | 279.111 % | £161,884 | £219,884 |
| 6 Month Average | 288.073 % | £167,082 | £225,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £228,663 | £226,500 | 14 REGENT ROAD |
| 28 Jul 2023 | £167,585 | £166,000 | 24 BELMONT ROAD |
| 12 Aug 2022 | £263,221 | £265,000 | 26 BELMONT ROAD |
| 7 Jun 2022 | £231,345 | £229,000 | 53 MAY ROAD |
| 20 Dec 2021 | £253,958 | £238,000 | 49 BELMONT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Belmont Road |
| Jan 2024 | Robbery | Under investigation | On or near Belmont Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near May Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near May Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near May Road |