£195,994
This estimated value is based upon the latest sale price for the house of £157,500 on 28 Feb 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £157,500 | 28 Feb 2019 |
| £80,000 | 19 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
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 February 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £157,500 results in an estimated price of approximately £195,994.
| 28 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £157,500 | £38,494 | £195,994 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 12.346 % | £19,445 | £176,945 |
| 3 Month Average | 2.537 % | £3,996 | £161,496 |
| 6 Month Average | 12.341 % | £19,436 | £176,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £230,860 | £225,000 | 241 CASTLE ROAD |
| 24 Aug 2023 | £229,133 | £225,000 | 219 CASTLE ROAD |
| 17 Feb 2023 | £286,917 | £285,000 | 25 BLOCKMAKERS COURT |
| 30 Sep 2022 | £289,806 | £290,000 | 235 MAGPIE HALL ROAD |
| 23 Aug 2022 | £173,813 | £173,000 | 287 CASTLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Ropemakers Court | |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ropemakers Court |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ropemakers Court |
| Jul 2024 | Anti-social behaviour | On or near Ropemakers Court | |
| Jul 2024 | Anti-social behaviour | On or near Ropemakers Court |