£279,784
This estimated value is based upon the latest sale price for the house of £165,500 on 29 Apr 2010. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £165,500 | 29 Apr 2010 |
| Terraced |
| 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 April 2010 the House Price Index for MEDWAY was 87.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.054%.Applying this 69.054% change to the original purchase price of £165,500 results in an estimated price of approximately £279,784.
| 29 Apr 2010 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.0 | 69.054 % | £165,500 | £114,284 | £279,784 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 155.360 % | £257,120 | £422,620 |
| 3 Month Average | 78.688 % | £130,229 | £295,729 |
| 6 Month Average | 86.351 % | £142,910 | £308,410 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £302,452 | £300,000 | 77 DERWENT WAY |
| 28 Apr 2023 | £312,321 | £310,000 | 13 STRATFORD AVENUE |
| 6 Feb 2023 | £134,364 | £135,000 | 13 DERWENT WAY |
| 16 Sep 2022 | £355,674 | £360,000 | 21 STRATFORD AVENUE |
| 24 Jun 2022 | £454,607 | £450,000 | 54 CHERITON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Oldfield Close | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oldfield Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwent Way |
| Feb 2024 | Anti-social behaviour | On or near Derwent Way | |
| Feb 2024 | Anti-social behaviour | On or near Derwent Way |