£92,475
This estimated value is based upon the latest sale price for the house of £26,000 on 18 Dec 2000. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £26,000 | 18 Dec 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 sq feet |
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 2000 the House Price Index for MEDWAY was 41.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 255.673%.Applying this 255.673% change to the original purchase price of £26,000 results in an estimated price of approximately £92,475.
| 18 Dec 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 146.7 | 255.673 % | £26,000 | £66,475 | £92,475 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 288.704 % | £75,063 | £101,063 |
| 3 Month Average | 243.146 % | £63,217 | £89,217 |
| 6 Month Average | 245.707 % | £63,883 | £89,883 |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 11 Jun 2020.
The average size of a house on SHORTS WAY is 62 sq meters (676 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Shorts Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shorts Way |
| Mar 2024 | Other crime | Under investigation | On or near Shorts Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shorts Way |
| Mar 2024 | Anti-social behaviour | On or near Shorts Way |