£312,088
This estimated value is based upon the latest sale price for the house of £305,000 on 14 Feb 2024. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £305,000 | 14 Feb 2024 |
| £240,000 | 18 Jul 2023 |
| 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 February 2024 the House Price Index for MEDWAY was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £305,000 results in an estimated price of approximately £312,088.
| 14 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £305,000 | £7,088 | £312,088 |
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 | -23.523 % | £-71,744 | £233,255 |
| 3 Month Average | 14.580 % | £44,469 | £349,469 |
| 6 Month Average | 2.111 % | £6,438 | £311,438 |
| 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Hoo Way |