£506,915
This estimated value is based upon the latest sale price for the house of £227,500 on 28 Nov 2003. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £227,500 | 28 Nov 2003 |
| Detached |
| 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 November 2003 the House Price Index for MEDWAY was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £227,500 results in an estimated price of approximately £506,915.
| 28 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 149.7 | 122.820 % | £227,500 | £279,415 | £506,915 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 92.272 % | £209,918 | £437,418 |
| 3 Month Average | 106.275 % | £241,775 | £469,275 |
| 6 Month Average | 120.914 % | £275,078 | £502,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £371,413 | £360,000 | 12 COPPERGATE |
| 8 Dec 2023 | £281,139 | £272,500 | 62 GREENFINCHES |
| 8 Dec 2023 | £438,473 | £425,000 | 74 GREENFINCHES |
| 5 Apr 2023 | £336,290 | £330,000 | 43 SHEPHERDS GATE |
| 17 Feb 2023 | £271,816 | £270,000 | 52 GREENFINCHES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Greenfinches |
| Oct 2024 | Robbery | Under investigation | On or near Waters Place |
| Oct 2024 | Shoplifting | Awaiting court outcome | On or near Waters Place |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Waters Place |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Waters Place |