£235,834
This estimated value is based upon the latest sale price for the house of £102,500 on 15 Aug 2003. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £102,500 | 15 Aug 2003 |
| £47,000 | 30 Oct 1998 |
| 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 August 2003 the House Price Index for MEDWAY was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £102,500 results in an estimated price of approximately £235,834.
| 15 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £102,500 | £133,334 | £235,834 |
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 | 188.094 % | £192,796 | £295,296 |
| 3 Month Average | 96.539 % | £98,952 | £201,452 |
| 6 Month Average | 138.425 % | £141,885 | £244,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £136,748 | £135,000 | FLAT 11 LINDEN HOUSE SILVERWEED ROAD |
| 23 Mar 2023 | £247,330 | £245,000 | 10 ROSEMARY CLOSE |
| 27 Jan 2023 | £348,359 | £350,000 | 9 WINCHESTER AVENUE |
| 27 Jan 2023 | £364,284 | £366,000 | 21 WINCHESTER AVENUE |
| 17 Sep 2021 | £317,890 | £295,000 | 110 SILVERWEED ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Teasel Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Teasel Road |
| Mar 2024 | Anti-social behaviour | On or near Teasel Road | |
| Feb 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Teasel Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Teasel Road |