£90,613
This estimated value is based upon the latest sale price for the house of £23,500 on 31 Mar 2000. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £23,500 | 31 Mar 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 March 2000 the House Price Index for MEDWAY was 38.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 285.590%.Applying this 285.590% change to the original purchase price of £23,500 results in an estimated price of approximately £90,613.
| 31 Mar 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 148.0 | 285.590 % | £23,500 | £67,113 | £90,613 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 228.822 % | £53,773 | £77,273 |
| 3 Month Average | 314.029 % | £73,796 | £97,296 |
| 6 Month Average | 313.428 % | £73,655 | £97,155 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £262,125 | £260,000 | 9 BROMPTON HILL |
| 3 Apr 2023 | £181,348 | £180,000 | 198 MELVILLE COURT |
| 10 Aug 2022 | £86,416 | £87,000 | 89 MELVILLE COURT |
| 29 Jun 2022 | £200,027 | £198,000 | 8 MARITIME COURT DOCK ROAD |
| 22 Jun 2022 | £232,355 | £230,000 | 6 ADMIRALTY GATE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 24 May 2016. Using an estimated price of £90,614 means this house is valued at £1,415 per sq meter (£131 per sq foot).
The average size of a house on MELVILLE COURT is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Estuary Reach |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Estuary Reach |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Estuary Reach |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Estuary Reach |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Estuary Reach |