£304,150
This estimated value is based upon the latest sale price for the house of £189,500 on 4 Dec 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £189,500 | 4 Dec 2013 |
| 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 December 2013 the House Price Index for MEDWAY was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £189,500 results in an estimated price of approximately £304,150.
| 4 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £189,500 | £114,650 | £304,150 |
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 | 61.724 % | £116,966 | £306,466 |
| 3 Month Average | 50.251 % | £95,224 | £284,724 |
| 6 Month Average | 71.370 % | £135,246 | £324,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £251,212 | £248,000 | 61 MARINA HEIGHTS PEARL LANE |
| 7 Aug 2023 | £272,383 | £270,000 | 21 MARINA HEIGHTS PEARL LANE |
| 29 Jun 2023 | £278,372 | £275,000 | 45 MARINA HEIGHTS PEARL LANE |
| 17 Mar 2023 | £213,007 | £211,000 | 87 JOHNSON AVENUE |
| 8 Feb 2023 | £202,364 | £202,500 | 81 JOHNSON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Princess Mary Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Princess Mary Avenue |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Princess Mary Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Princess Mary Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Princess Mary Avenue |