£196,322
This estimated value is based upon the latest sale price for the house of £115,000 on 27 Aug 2010. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £115,000 | 27 Aug 2010 |
| 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 August 2010 the House Price Index for MEDWAY was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.715%.Applying this 70.715% change to the original purchase price of £115,000 results in an estimated price of approximately £196,322.
| 27 Aug 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.715 % | £115,000 | £81,322 | £196,322 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 68.035 % | £78,239 | £193,239 |
| 3 Month Average | 73.480 % | £84,502 | £199,502 |
| 6 Month Average | 76.535 % | £88,014 | £203,014 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £298,786 | £292,000 | 383 LOWER WOODLANDS ROAD |
| 27 Oct 2023 | £245,578 | £240,000 | 7 FEATHERBY COTTAGES |
| 6 Mar 2023 | £233,906 | £230,000 | 379 LOWER WOODLANDS ROAD |
| 2 Mar 2023 | £284,755 | £280,000 | 284 LOWER WOODLANDS ROAD |
| 6 Feb 2023 | £188,258 | £187,000 | 16 DIAL CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Investigation complete; no suspect identified | On or near Dial Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Dial Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gads Hill |
| Sep 2024 | Anti-social behaviour | On or near Owens Way | |
| Sep 2024 | Anti-social behaviour | On or near Owens Way |