£426,890
This estimated value is based upon the latest sale price for the house of £230,000 on 21 Jan 2005. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £230,000 | 21 Jan 2005 |
| £119,500 | 15 Apr 1999 |
| Semi-Detached |
| 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 January 2005 the House Price Index for MEDWAY was 79.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 85.605%.Applying this 85.605% change to the original purchase price of £230,000 results in an estimated price of approximately £426,890.
| 21 Jan 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 146.7 | 85.605 % | £230,000 | £196,890 | £426,890 |
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 | 86.124 % | £198,085 | £428,085 |
| 3 Month Average | 90.481 % | £208,105 | £438,105 |
| 6 Month Average | 93.997 % | £216,192 | £446,192 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lovelace Close |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Lovelace Close |
| Dec 2023 | Burglary | Awaiting court outcome | On or near Moyle Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |