£199,125
This estimated value is based upon the latest sale price for the house of £160,000 on 1 Mar 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £160,000 | 1 Mar 2019 |
| £90,000 | 16 Dec 2011 |
| £100,000 | 2 Nov 2009 |
| £54,000 | 10 Jan 2003 |
| 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 March 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £160,000 results in an estimated price of approximately £199,125.
| 1 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £160,000 | £39,125 | £199,125 |
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 | 1.472 % | £2,355 | £162,355 |
| 3 Month Average | 24.676 % | £39,481 | £199,481 |
| 6 Month Average | 20.934 % | £33,494 | £193,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Aug 2022 | £361,691 | £360,000 | 16 PEAL CLOSE |
| 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 |
| 25 Nov 2021 | £277,828 | £255,000 | 26 PEAL CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Peal Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peal Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peal Close |
| Sep 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |