£470,227
This estimated value is based upon the latest sale price for the house of £385,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £385,000 | 25 Oct 2019 |
| £250,000 | 20 Jun 2014 |
| £194,000 | 4 Apr 2003 |
| £177,000 | 19 Jul 2002 |
| £67,000 | 11 Jan 1997 |
| 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 October 2019 the House Price Index for MEDWAY was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £385,000 results in an estimated price of approximately £470,227.
| 25 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £385,000 | £85,227 | £470,227 |
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 | 67.383 % | £259,424 | £644,424 |
| 3 Month Average | 15.008 % | £57,780 | £442,780 |
| 6 Month Average | 9.726 % | £37,445 | £422,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £663,518 | £655,000 | 75 LONDON ROAD |
| 6 May 2022 | £482,167 | £475,000 | 73 LONDON ROAD |
| 3 Dec 2021 | £492,444 | £461,500 | 10 SALISBURY AVENUE |
| 11 Nov 2021 | £592,431 | £550,000 | 8 LYRA CLOSE |
| 28 Sep 2021 | £375,635 | £350,000 | 40 SALISBURY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Awaiting court outcome | On or near Birling Avenue |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Lyra Close |
| Jan 2024 | Other theft | Under investigation | On or near Lyra Close |
| Apr 2024 | Anti-social behaviour | On or near Cranford Close | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cranford Close |