£277,876
This estimated value is based upon the latest sale price for the house of £60,000 on 26 Oct 1998. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £60,000 | 26 Oct 1998 |
| 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 October 1998 the House Price Index for MEDWAY was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £60,000 results in an estimated price of approximately £277,876.
| 26 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.127 % | £60,000 | £217,876 | £277,876 |
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 | 258.084 % | £154,850 | £214,850 |
| 3 Month Average | 299.889 % | £179,933 | £239,933 |
| 6 Month Average | 387.549 % | £232,529 | £292,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £73,945 | £73,000 | FLAT 13 TROUDAU HOUSE CHATHAM HILL |
| 21 Jul 2023 | £207,797 | £205,000 | 33 UPPER LUTON ROAD |
| 3 Apr 2023 | £183,981 | £182,000 | 77 UPPER LUTON ROAD |
| 8 Mar 2023 | £378,567 | £375,000 | 1 UPPER LUTON ROAD |
| 30 Jan 2023 | £206,029 | £207,000 | 57 UPPER LUTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Rock Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Rock Avenue |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Rock Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Rock Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Rock Avenue |