£283,224
This estimated value is based upon the latest sale price for the house of £242,500 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £242,500 | 6 Nov 2020 |
| £216,500 | 6 May 2016 |
| £150,000 | 22 Jul 2011 |
| £120,000 | 6 Apr 2010 |
| £121,000 | 27 May 2004 |
| 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 2020 the House Price Index for MEDWAY was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £242,500 results in an estimated price of approximately £283,224.
| 6 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £242,500 | £40,724 | £283,224 |
The Postcode Pricing Model uses changes in average sales price within the ME3 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 | -13.260 % | £-32,155 | £210,344 |
| 3 Month Average | 9.988 % | £24,219 | £266,719 |
| 6 Month Average | 8.912 % | £21,611 | £264,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Oct 2022 | £284,051 | £285,000 | 32 NURSERY GARDENS |
| 29 Apr 2022 | £269,730 | £260,000 | 6 JENNIFER COURT |
| 25 Feb 2022 | £105,646 | £100,000 | 23 NURSERY GARDENS |
| 20 Jan 2022 | £318,059 | £300,000 | 52 STOKE ROAD |
| 10 Dec 2021 | £609,809 | £565,000 | 24 STOKE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Hogarth Close |
| Jun 2024 | Other crime | Awaiting court outcome | On or near Hogarth Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hogarth Close |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hoo Way |
| Aug 2024 | Anti-social behaviour | On or near Hoo Way |