£90,902
This estimated value is based upon the latest sale price for the house of £50,000 on 14 Aug 2009. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£50,000 | 14 Aug 2009 |
£26,250 | 5 May 2000 |
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 August 2009 the House Price Index for MEDWAY was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £50,000 results in an estimated price of approximately £90,902.
14 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.3 | 149.7 | 81.804 % | £50,000 | £40,902 | £90,902 |
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 | 66.815 % | £33,407 | £83,407 |
3 Month Average | 93.321 % | £46,660 | £96,660 |
6 Month Average | 103.684 % | £51,842 | £101,842 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2024 | £179,055 | £177,500 | 5 VICTORIA STREET |
25 Mar 2024 | £126,950 | £125,000 | 76B JEFFERY STREET |
4 Dec 2023 | £241,418 | £234,000 | 21 KING STREET |
11 Apr 2023 | £193,622 | £190,000 | 49 VICTORIA STREET |
9 Mar 2023 | £241,635 | £237,600 | 32 KING STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near King Street |
Oct 2024 | Violence and sexual offences | Under investigation | On or near King Street |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Street |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Street |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Street |