£201,882
This estimated value is based upon the latest sale price for the house of £119,500 on 13 Nov 2006. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £119,500 | 13 Nov 2006 |
| £96,000 | 8 May 2006 |
| Flats/Maisonettes |
| Leasehold |
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 2006 the House Price Index for MEDWAY was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £119,500 results in an estimated price of approximately £201,882.
| 13 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.940 % | £119,500 | £82,382 | £201,882 |
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 | 109.984 % | £131,430 | £250,930 |
| 3 Month Average | 97.407 % | £116,401 | £235,901 |
| 6 Month Average | 86.111 % | £102,902 | £222,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £150,000 | £150,000 | 9 BEECHING ROAD |
| 25 Aug 2023 | £356,429 | £350,000 | 10 SMITH ROAD |
| 10 Aug 2023 | £499,000 | £490,000 | 7 GOULD ROAD |
| 14 Apr 2023 | £356,671 | £350,000 | 12 SMITH ROAD |
| 28 Nov 2022 | £204,046 | £205,000 | 13 SMITH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Investigation complete; no suspect identified | On or near Smith Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Smith Road |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Port Close |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Port Close |
| Oct 2024 | Public order | Under investigation | On or near Huckleberry Close |