£373,176
This estimated value is based upon the latest sale price for the house of £210,000 on 24 Feb 2006. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £210,000 | 24 Feb 2006 |
| Flats/Maisonettes |
| Leasehold |
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 February 2006 the House Price Index for MEDWAY was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £210,000 results in an estimated price of approximately £373,176.
| 24 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £210,000 | £163,176 | £373,176 |
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 | 40.062 % | £84,129 | £294,129 |
| 3 Month Average | 29.817 % | £62,614 | £272,614 |
| 6 Month Average | 68.254 % | £143,333 | £353,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £216,284 | £212,500 | 29 WATERSMEET |
| 19 Dec 2023 | £402,034 | £395,000 | 8 WINTERGREEN CLOSE |
| 4 Aug 2023 | £166,456 | £165,000 | 51 WATERSMEET |
| 30 Jun 2023 | £480,824 | £475,000 | 6 WINTERGREEN CLOSE |
| 20 Apr 2023 | £444,789 | £440,000 | 10 WINTERGREEN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Stonecrop Close |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Pochard Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Barrack Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Island Way East |
| Mar 2024 | Other crime | Further investigation is not in the public interest | On or near Island Way East |