£81,726
This estimated value is based upon the latest sale price for the house of £25,300 on 1 Oct 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £25,300 | 1 Oct 2001 |
| 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 October 2001 the House Price Index for MEDWAY was 45.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 223.032%.Applying this 223.032% change to the original purchase price of £25,300 results in an estimated price of approximately £81,726.
| 1 Oct 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.0 | 223.032 % | £25,300 | £56,426 | £81,726 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 340.739 % | £86,206 | £111,506 |
| 3 Month Average | 180.236 % | £45,599 | £70,899 |
| 6 Month Average | 241.770 % | £61,167 | £86,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £85,288 | £85,000 | FLAT 3 KINGSDALE COURT HOPEWELL DRIVE |
| 29 Jun 2023 | £136,104 | £135,000 | 11 SOMERSET CLOSE |
| 17 Feb 2023 | £333,423 | £335,000 | 55 CARLTON CRESCENT |
| 14 Feb 2023 | £6,387,989 | £6,418,202 | 96 HOPEWELL DRIVE |
| 19 Aug 2022 | £322,819 | £325,000 | 21 CARLTON CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Somerset Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Somerset Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Somerset Close |
| Apr 2024 | Public order | Under investigation | On or near Wiltshire Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wiltshire Close |