£690,129
This estimated value is based upon the latest sale price for the house of £445,000 on 14 Apr 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £445,000 | 14 Apr 2014 |
| £390,000 | 17 Aug 2007 |
| £377,500 | 3 Sep 2004 |
| 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 April 2014 the House Price Index for MEDWAY was 95.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 55.085%.Applying this 55.085% change to the original purchase price of £445,000 results in an estimated price of approximately £690,129.
| 14 Apr 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.0 | 55.085 % | £445,000 | £245,129 | £690,129 |
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 | 164.160 % | £730,510 | £1,175,510 |
| 3 Month Average | 64.746 % | £288,119 | £733,119 |
| 6 Month Average | 64.710 % | £287,958 | £732,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £268,446 | £265,000 | 14 GLOUCESTER CLOSE |
| 3 Nov 2023 | £174,743 | £172,500 | 12 MERESBOROUGH ROAD |
| 11 Aug 2023 | £347,111 | £345,000 | 5 BLACKTHORN ROAD |
| 22 Feb 2023 | £151,782 | £152,500 | 22 GLOUCESTER CLOSE |
| 21 Oct 2022 | £147,803 | £150,000 | 8 MERESBOROUGH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Bramley Close | |
| Mar 2024 | Anti-social behaviour | On or near Bramley Close | |
| Jan 2024 | Public order | Under investigation | On or near Chichester Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moor Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Russells Avenue |