£232,354
This estimated value is based upon the latest sale price for the house of £230,000 on 22 Jun 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £230,000 | 22 Jun 2022 |
| £130,000 | 19 Dec 2014 |
| 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 June 2022 the House Price Index for MEDWAY was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £230,000 results in an estimated price of approximately £232,354.
| 22 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.0 | 1.024 % | £230,000 | £2,354 | £232,354 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -50.415 % | £-115,954 | £114,045 |
| 3 Month Average | -3.504 % | £-8,058 | £221,941 |
| 6 Month Average | 6.181 % | £14,216 | £244,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £181,348 | £180,000 | 198 MELVILLE COURT |
| 10 Aug 2022 | £86,416 | £87,000 | 89 MELVILLE COURT |
| 29 Jun 2022 | £200,027 | £198,000 | 8 MARITIME COURT DOCK ROAD |
| 22 Jun 2022 | £232,355 | £230,000 | 6 ADMIRALTY GATE |
| 17 Jun 2022 | £175,782 | £174,000 | 1 ESTUARY REACH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near College Road |
| Apr 2024 | Anti-social behaviour | On or near Westcourt Street | |
| Apr 2024 | Other crime | Awaiting court outcome | On or near Westcourt Street |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Westcourt Street |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Westcourt Street |