£768,666
This estimated value is based upon the latest sale price for the house of £579,800 on 6 May 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £579,800 | 6 May 2016 |
| £378,700 | 7 Dec 2007 |
| £237,000 | 10 Jan 2002 |
| £90,500 | 12 Jan 1998 |
| £90,000 | 8 Jul 1997 |
| 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 May 2016 the House Price Index for MEDWAY was 110.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 32.574%.Applying this 32.574% change to the original purchase price of £579,800 results in an estimated price of approximately £768,666.
| 6 May 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 146.7 | 32.574 % | £579,800 | £188,866 | £768,666 |
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 | 42.885 % | £248,646 | £828,446 |
| 3 Month Average | 23.801 % | £137,997 | £717,797 |
| 6 Month Average | 32.363 % | £187,642 | £767,442 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nags Head Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Nags Head Lane |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nags Head Lane |
| Dec 2023 | Anti-social behaviour | On or near Nags Head Lane | |
| Dec 2023 | Anti-social behaviour | On or near Nags Head Lane |