£565,399
This estimated value is based upon the latest sale price for the house of £457,500 on 16 Dec 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£457,500 | 16 Dec 2019 |
£250,000 | 18 Jul 2003 |
£135,000 | 23 Jan 1998 |
£105,000 | 22 Dec 1995 |
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 December 2019 the House Price Index for MEDWAY was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £457,500 results in an estimated price of approximately £565,399.
16 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £457,500 | £107,899 | £565,399 |
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 | 8.576 % | £39,233 | £496,733 |
3 Month Average | 10.745 % | £49,158 | £506,658 |
6 Month Average | 11.892 % | £54,407 | £511,907 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Oct 2023 | £460,458 | £450,000 | 7 CALDECOTE CLOSE |
19 Sep 2023 | £235,184 | £230,000 | 30 TEN ACRE WAY |
18 Aug 2023 | £307,547 | £302,000 | 126 TASWELL ROAD |
23 Jun 2023 | £239,806 | £235,000 | 6 TEN ACRE WAY |
24 Mar 2023 | £284,755 | £280,000 | 20 TEN ACRE WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ten Acre Way |
May 2024 | Burglary | Under investigation | On or near Caldecote Close |
Jul 2024 | Robbery | Under investigation | On or near Banky Fields Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Banky Fields Close |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Banky Fields Close |