£402,883
This estimated value is based upon the latest sale price for the house of £401,000 on 3 Aug 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £401,000 | 3 Aug 2022 |
| 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 August 2022 the House Price Index for MEDWAY was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £401,000 results in an estimated price of approximately £402,883.
| 3 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £401,000 | £1,883 | £402,883 |
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 | -19.677 % | £-78,905 | £322,094 |
| 3 Month Average | -10.162 % | £-40,748 | £360,251 |
| 6 Month Average | -3.019 % | £-12,107 | £388,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £309,689 | £307,000 | 13 TWYFORD CLOSE |
| 18 Mar 2024 | £253,901 | £250,000 | 328 STATION ROAD |
| 1 Dec 2023 | £422,998 | £410,000 | 6 TILBURY ROAD |
| 1 Nov 2023 | £256,511 | £250,000 | 259 STATION ROAD |
| 11 Aug 2023 | £290,235 | £285,000 | 50 TILBURY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Twyford Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Twyford Close |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tilbury Road |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Tilbury Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ellison Way |