£226,849
This estimated value is based upon the latest sale price for the house of £170,000 on 27 Oct 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £170,000 | 27 Oct 2016 |
| £87,000 | 31 Aug 2012 |
| 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 October 2016 the House Price Index for MEDWAY was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £170,000 results in an estimated price of approximately £226,849.
| 27 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £170,000 | £56,849 | £226,849 |
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 | 34.221 % | £58,175 | £228,175 |
| 3 Month Average | 24.772 % | £42,112 | £212,112 |
| 6 Month Average | 26.935 % | £45,789 | £215,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2024 | £280,000 | £280,000 | 48 MOOR PARK CLOSE |
| 19 Apr 2024 | £170,480 | £169,000 | 303 HIGH STREET |
| 15 Dec 2023 | £422,998 | £410,000 | 64 MOOR PARK CLOSE |
| 3 Nov 2023 | £176,993 | £172,500 | 12 MERESBOROUGH ROAD |
| 1 Sep 2023 | £316,988 | £310,000 | 73 MOOR PARK CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Moor Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chichester Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Chichester Close |
| Aug 2024 | Anti-social behaviour | On or near Chichester Close | |
| Aug 2024 | Anti-social behaviour | On or near Chichester Close |