£308,383
This estimated value is based upon the latest sale price for the house of £245,000 on 26 Feb 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £245,000 | 26 Feb 2018 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 sq feet |
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 2018 the House Price Index for MEDWAY was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £245,000 results in an estimated price of approximately £308,383.
| 26 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £245,000 | £63,383 | £308,383 |
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 | 25.924 % | £63,514 | £308,514 |
| 3 Month Average | 26.860 % | £65,805 | £310,805 |
| 6 Month Average | 17.801 % | £43,612 | £288,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2024 | £282,000 | £282,000 | 14 THE CHASE |
| 30 Jun 2023 | £30,613 | £30,000 | RYCROFT HALL BOUNDARY ROAD |
| 16 Sep 2022 | £369,753 | £370,000 | 59 THE CHASE |
| 18 May 2022 | £164,280 | £160,000 | 34 THE CHASE |
| 28 Apr 2022 | £308,114 | £297,000 | 39 CENTRAL PARK GARDENS |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 19 Jun 2013. Using an estimated price of £308,384 means this house is valued at £4,167 per sq meter (£387 per sq foot).
The average size of a house on THE CHASE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Pattens Lane |
| Oct 2024 | Other theft | Under investigation | On or near Central Park Gardens |
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Central Park Gardens |
| Oct 2024 | Other theft | Under investigation | On or near Central Park Gardens |
| Oct 2024 | Public order | Awaiting court outcome | On or near Central Park Gardens |