£1,613,938
This estimated value is based upon the latest sale price for the house of £480,000 on 16 Jul 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £480,000 | 16 Jul 2001 |
| £125,000 | 29 Feb 1996 |
| Semi-Detached |
| 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 July 2001 the House Price Index for MEDWAY was 44.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 236.237%.Applying this 236.237% change to the original purchase price of £480,000 results in an estimated price of approximately £1,613,938.
| 16 Jul 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 148.6 | 236.237 % | £480,000 | £1,133,938 | £1,613,938 |
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 | 182.390 % | £875,471 | £1,355,471 |
| 3 Month Average | 222.864 % | £1,069,749 | £1,549,749 |
| 6 Month Average | 218.252 % | £1,047,611 | £1,527,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £348,045 | £345,000 | 4 SOUTH STABLES COLLEGE ROAD |
| 4 Oct 2022 | £1,286,152 | £1,300,000 | 9 OFFICERS TERRACE CHURCH LANE |
| 2 Sep 2022 | £347,196 | £350,000 | 20 COLLEGE ROAD |
| 23 Jun 2022 | £461,522 | £455,000 | 12 CHURCH LANE |
| 22 Jun 2022 | £233,297 | £230,000 | 6 ADMIRALTY GATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Medway Gardens |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Medway Gardens |
| Apr 2024 | Anti-social behaviour | On or near Admiralty Terrace | |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near College Road |
| Mar 2024 | Other theft | Under investigation | On or near East Road |