£670,832
This estimated value is based upon the latest sale price for the house of £540,000 on 30 May 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Parking Area
More crime details
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| Price Paid | Date |
|---|---|
| £540,000 | 30 May 2018 |
| Detached |
| 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 May 2018 the House Price Index for MEDWAY was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £540,000 results in an estimated price of approximately £670,832.
| 30 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £540,000 | £130,832 | £670,832 |
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 | 78.259 % | £422,599 | £962,599 |
| 3 Month Average | 15.456 % | £83,460 | £623,460 |
| 6 Month Average | 17.174 % | £92,739 | £632,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2023 | £390,696 | £387,000 | 7 HIGH ELMS |
| 2 Sep 2022 | £385,314 | £390,000 | 4 BIRLING AVENUE |
| 29 Jun 2022 | £318,225 | £315,000 | FLAT 3 CHERRY ACRE HOUSE, 21 BERENGRAVE LANE |
| 29 Jun 2022 | £323,276 | £320,000 | FLAT 4 CHERRY ACRE HOUSE, 21 BERENGRAVE LANE |
| 24 Jun 2022 | £323,276 | £320,000 | FLAT 1 CHERRY ACRE HOUSE, 21 BERENGRAVE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Parking Area |
| Apr 2024 | Possession of weapons | Under investigation | On or near Parking Area |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |