£244,148
This estimated value is based upon the latest sale price for the house of £60,000 on 10 Nov 1999. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £60,000 | 10 Nov 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 November 1999 the House Price Index for MEDWAY was 36.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 306.914%.Applying this 306.914% change to the original purchase price of £60,000 results in an estimated price of approximately £244,148.
| 10 Nov 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 148.0 | 306.914 % | £60,000 | £184,148 | £244,148 |
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 | 466.757 % | £280,053 | £340,053 |
| 3 Month Average | 283.726 % | £170,235 | £230,235 |
| 6 Month Average | 363.346 % | £218,007 | £278,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £341,460 | £335,000 | 10 GREENWAY |
| 15 Jun 2023 | £292,371 | £290,000 | 3 GREENWAY |
| 30 Mar 2023 | £175,951 | £175,000 | 26 VALE DRIVE |
| 17 Feb 2023 | £189,106 | £190,000 | 28 VALE DRIVE |
| 23 Sep 2022 | £306,275 | £310,000 | 7 GREENWAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Greenway | |
| Feb 2024 | Anti-social behaviour | On or near Greenway | |
| Feb 2024 | Anti-social behaviour | On or near Greenway | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Highview Drive |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Highview Drive |