£84,549
This estimated value is based upon the latest sale price for the house of £83,250 on 26 Mar 2024. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £83,250 | 26 Mar 2024 |
| 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 March 2024 the House Price Index for MEDWAY was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £83,250 results in an estimated price of approximately £84,549.
| 26 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £83,250 | £1,299 | £84,549 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | -10.267 % | £-8,547 | £74,702 |
| 3 Month Average | -5.313 % | £-4,423 | £78,826 |
| 6 Month Average | -2.981 % | £-2,481 | £80,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £84,549 | £83,250 | FLAT 7 RICHARD HOWE HOUSE PALM DRIVE |
| 8 Sep 2023 | £260,748 | £255,000 | 22 THE FAIRWAY |
| 8 Sep 2023 | £65,443 | £64,000 | FLAT 10 RICHARD HOWE HOUSE PALM DRIVE |
| 24 Aug 2023 | £95,727 | £94,000 | FLAT 3 BOCKENHAM HOUSE THE FAIRWAY |
| 9 Jun 2023 | £622,474 | £610,000 | 30 FRISTON WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Palm Drive |
| Jun 2024 | Anti-social behaviour | On or near Palm Drive | |
| Jun 2024 | Anti-social behaviour | On or near Palm Drive | |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Palm Drive |
| May 2024 | Anti-social behaviour | On or near Palm Drive |