£274,261
This estimated value is based upon the latest sale price for the house of £275,000 on 31 Aug 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £275,000 | 31 Aug 2022 |
| Semi-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 August 2022 the House Price Index for MEDWAY was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £275,000 results in an estimated price of approximately £274,261.
| 31 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £275,000 | £-738 | £274,261 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | -39.879 % | £-109,667 | £165,332 |
| 3 Month Average | -21.173 % | £-58,224 | £216,775 |
| 6 Month Average | 2.827 % | £7,775 | £282,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £320,610 | £315,000 | 24 SUNDRIDGE DRIVE |
| 9 Nov 2023 | £311,613 | £307,000 | 6 MERIVALE GROVE |
| 6 Sep 2023 | £283,626 | £280,000 | 30 MERIVALE GROVE |
| 7 Aug 2023 | £257,251 | £255,000 | 47 SUNDRIDGE DRIVE |
| 1 Aug 2023 | £292,559 | £290,000 | 14 SUNDRIDGE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Possession of weapons | Under investigation | On or near Kenwood Avenue |
| Jan 2024 | Drugs | Under investigation | On or near Kenwood Avenue |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Sundridge Drive |
| Mar 2024 | Other theft | Under investigation | On or near Peacock Rise |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Peacock Rise |