£106,590
This estimated value is based upon the latest sale price for the house of £43,500 on 28 Feb 2003. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £43,500 | 28 Feb 2003 |
| £26,000 | 15 May 2002 |
| £13,000 | 8 Nov 1996 |
| 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 February 2003 the House Price Index for MEDWAY was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £43,500 results in an estimated price of approximately £106,590.
| 28 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.6 | 145.035 % | £43,500 | £63,090 | £106,590 |
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 | 100.744 % | £43,823 | £87,323 |
| 3 Month Average | 84.450 % | £36,735 | £80,235 |
| 6 Month Average | 126.907 % | £55,204 | £98,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £332,912 | £330,000 | 2A CONNAUGHT ROAD |
| 8 Jun 2023 | £250,535 | £247,500 | 286 LUTON ROAD |
| 5 Jun 2023 | £184,232 | £182,000 | 32 EDINBURGH ROAD |
| 17 Oct 2022 | £185,997 | £188,000 | 302 LUTON ROAD |
| 11 May 2022 | £107,016 | £105,000 | 20 CONNAUGHT MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Connaught Road |
| Mar 2024 | Other crime | Further investigation is not in the public interest | On or near Connaught Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Connaught Road |
| Mar 2024 | Other theft | Under investigation | On or near Connaught Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Connaught Road |