£456,653
This estimated value is based upon the latest sale price for the house of £250,000 on 23 Jan 2009. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 23 Jan 2009 |
| 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 January 2009 the House Price Index for MEDWAY was 81.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 82.661%.Applying this 82.661% change to the original purchase price of £250,000 results in an estimated price of approximately £456,653.
| 23 Jan 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.0 | 148.0 | 82.661 % | £250,000 | £206,653 | £456,653 |
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 | 30.138 % | £75,344 | £325,344 |
| 3 Month Average | 84.509 % | £211,271 | £461,271 |
| 6 Month Average | 67.418 % | £168,545 | £418,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £504,065 | £501,000 | 24 PARK CRESCENT |
| 23 Jun 2023 | £604,905 | £600,000 | 156 MAIDSTONE ROAD |
| 16 Feb 2022 | £590,120 | £565,000 | 15 LETCHWORTH AVENUE |
| 17 Dec 2021 | £496,179 | £465,000 | 184 MAIDSTONE ROAD |
| 30 Jun 2021 | £520,939 | £487,500 | 1 BOURNVILLE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bournville Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bournville Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bournville Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area |