£309,963
This estimated value is based upon the latest sale price for the house of £102,995 on 23 Apr 2002. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £102,995 | 23 Apr 2002 |
| £55,000 | 6 Nov 1996 |
| Semi-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 April 2002 the House Price Index for MEDWAY was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £102,995 results in an estimated price of approximately £309,963.
| 23 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 149.7 | 200.950 % | £102,995 | £206,968 | £309,963 |
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 | 177.467 % | £182,782 | £285,777 |
| 3 Month Average | 193.607 % | £199,405 | £302,400 |
| 6 Month Average | 201.143 % | £207,167 | £310,162 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £225,113 | £220,000 | FLAT 8 ALBANY HOUSE ALBANY TERRACE |
| 10 Feb 2023 | £339,266 | £337,000 | 4 CRESSEY COURT |
| 14 Nov 2022 | £306,069 | £307,500 | 12 BOUNDARY ROAD |
| 20 Jul 2022 | £208,085 | £206,000 | FLAT 9 ALBANY HOUSE ALBANY TERRACE |
| 1 Jul 2022 | £166,670 | £165,000 | FLAT 6 ALBANY HOUSE ALBANY TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Albany Terrace |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Afghan Road |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Afghan Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Afghan Road |
| Jul 2024 | Anti-social behaviour | On or near Afghan Road |