£277,783
This estimated value is based upon the latest sale price for the house of £275,000 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £275,000 | 15 Jul 2022 |
| £210,000 | 18 Apr 2019 |
| £138,000 | 5 Aug 2005 |
| £48,500 | 20 Mar 1998 |
| 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 July 2022 the House Price Index for MEDWAY was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £275,000 results in an estimated price of approximately £277,783.
| 15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £275,000 | £2,783 | £277,783 |
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 | 4.226 % | £11,621 | £286,621 |
| 3 Month Average | -6.359 % | £-17,487 | £257,512 |
| 6 Month Average | -0.500 % | £-1,375 | £273,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £228,511 | £225,000 | 254 MIERSCOURT ROAD |
| 28 Jun 2023 | £326,544 | £320,000 | 278 MIERSCOURT ROAD |
| 22 Feb 2023 | £317,118 | £315,000 | 69 HARVESTERS CLOSE |
| 15 Jul 2022 | £277,783 | £275,000 | 63 NIGHTINGALE CLOSE |
| 13 May 2022 | £328,560 | £320,000 | 246 MIERSCOURT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harvesters Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lonsdale Drive |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lonsdale Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lonsdale Drive |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lonsdale Drive |