£413,006
This estimated value is based upon the latest sale price for the house of £240,000 on 1 Sep 2008. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £240,000 | 1 Sep 2008 |
| £65,000 | 29 Aug 2000 |
| 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 September 2008 the House Price Index for MEDWAY was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.086%.Applying this 72.086% change to the original purchase price of £240,000 results in an estimated price of approximately £413,006.
| 1 Sep 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.086 % | £240,000 | £173,006 | £413,006 |
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 | 21.937 % | £52,647 | £292,647 |
| 3 Month Average | 19.334 % | £46,400 | £286,400 |
| 6 Month Average | 54.282 % | £130,277 | £370,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £251,702 | £249,500 | 83 ORDNANCE STREET |
| 31 Mar 2023 | £287,711 | £285,000 | 91 ORDNANCE STREET |
| 23 Feb 2023 | £104,929 | £105,000 | 265 FORT PITT STREET |
| 31 Jan 2023 | £228,922 | £230,000 | 55 PAGITT STREET |
| 9 Aug 2022 | £289,221 | £290,000 | 35 PAGITT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Ordnance Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ordnance Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Charles Street |
| Mar 2024 | Anti-social behaviour | On or near Charles Street | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Charles Street |