£242,270
This estimated value is based upon the latest sale price for the house of £57,995 on 8 Oct 1999. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £57,995 | 8 Oct 1999 |
| 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 October 1999 the House Price Index for MEDWAY was 35.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 317.743%.Applying this 317.743% change to the original purchase price of £57,995 results in an estimated price of approximately £242,270.
| 8 Oct 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 149.7 | 317.743 % | £57,995 | £184,275 | £242,270 |
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 | 421.836 % | £244,643 | £302,638 |
| 3 Month Average | 401.018 % | £232,570 | £290,565 |
| 6 Month Average | 361.202 % | £209,479 | £267,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £264,956 | £260,000 | 37 FLAMINGO CLOSE |
| 24 Feb 2023 | £241,614 | £240,000 | 9 FLAMINGO CLOSE |
| 1 Sep 2022 | £264,823 | £265,000 | 7 CHAFFINCH CLOSE |
| 10 Aug 2022 | £220,029 | £219,000 | 51 CHAFFINCH CLOSE |
| 29 Apr 2022 | £295,665 | £285,000 | 26 CHAFFINCH CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Chaffinch Close |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Chaffinch Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Flamingo Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clover Bank View |
| Aug 2024 | Burglary | Under investigation | On or near Clover Bank View |