£397,002
This estimated value is based upon the latest sale price for the house of £250,000 on 13 Jul 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 13 Jul 2007 |
| £200,000 | 10 Sep 2004 |
| 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 July 2007 the House Price Index for MEDWAY was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £250,000 results in an estimated price of approximately £397,002.
| 13 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £250,000 | £147,002 | £397,002 |
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 | 97.563 % | £243,908 | £493,908 |
| 3 Month Average | 91.151 % | £227,878 | £477,878 |
| 6 Month Average | 82.338 % | £205,844 | £455,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £112,000 | £112,000 | 420B CANTERBURY STREET |
| 20 Dec 2023 | £6,190,213 | £6,000,000 | AINSWORTH COURT 547-555, 555 CANTERBURY STREET |
| 29 Nov 2023 | £198,027 | £193,000 | 93 RAINHAM ROAD |
| 11 Sep 2023 | £1,053,217 | £1,030,000 | OLD ASH TREE RAINHAM ROAD |
| 23 Aug 2023 | £356,429 | £350,000 | 382 CANTERBURY STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watling Avenue |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Watling Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watling Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watling Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watling Avenue |