£308,264
This estimated value is based upon the latest sale price for the house of £105,000 on 24 May 2002. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £105,000 | 24 May 2002 |
| 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 May 2002 the House Price Index for MEDWAY was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £105,000 results in an estimated price of approximately £308,264.
| 24 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £105,000 | £203,264 | £308,264 |
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 | 189.044 % | £198,495 | £303,495 |
| 3 Month Average | 178.000 % | £186,900 | £291,900 |
| 6 Month Average | 194.175 % | £203,883 | £308,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £267,321 | £265,000 | 29 ROBERTS ROAD |
| 30 Oct 2023 | £470,690 | £460,000 | 29 LONDON ROAD |
| 20 Mar 2023 | £418,997 | £412,000 | 40 ROBERTS ROAD |
| 6 Jan 2023 | £290,777 | £290,000 | 61 ROBERTS ROAD |
| 17 Nov 2021 | £599,236 | £550,000 | 51 LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roberts Road |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Roberts Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Durrell Place |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Aug 2024 | Public order | Under investigation | On or near Parking Area |