£311,780
This estimated value is based upon the latest sale price for the house of £302,200 on 19 Dec 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £302,200 | 19 Dec 2023 |
| 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 December 2023 the House Price Index for MEDWAY was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £302,200 results in an estimated price of approximately £311,780.
| 19 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £302,200 | £9,580 | £311,780 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | 29.890 % | £90,328 | £392,528 |
| 3 Month Average | 12.727 % | £38,460 | £340,660 |
| 6 Month Average | 0.945 % | £2,855 | £305,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £163,924 | £162,500 | 5 TONBRIDGE HOUSE CYPRESS COURT |
| 11 Mar 2024 | £332,102 | £327,000 | 7 MARDEN ROAD |
| 19 Dec 2023 | £311,780 | £302,200 | 72 HILLTOP ROAD |
| 5 Jun 2023 | £224,499 | £220,000 | 13 BINGHAM ROAD |
| 20 Mar 2023 | £177,972 | £175,000 | 3 DOVER HOUSE CYPRESS COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hilltop Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hilltop Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cypress Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cypress Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cypress Road |