£261,291
This estimated value is based upon the latest sale price for the house of £144,995 on 9 Dec 2005. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £144,995 | 9 Dec 2005 |
| £65,995 | 27 May 1999 |
| £45,500 | 17 Jun 1998 |
| 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 December 2005 the House Price Index for MEDWAY was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £144,995 results in an estimated price of approximately £261,291.
| 9 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £144,995 | £116,296 | £261,291 |
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 | 81.290 % | £117,866 | £262,861 |
| 3 Month Average | 90.057 % | £130,578 | £275,573 |
| 6 Month Average | 91.293 % | £132,369 | £277,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £270,737 | £266,000 | 8 FORDWICH GREEN |
| 22 Sep 2023 | £334,274 | £330,000 | 2 SANDHURST CLOSE |
| 16 Jun 2023 | £293,556 | £290,000 | 12 CRUNDALE ROAD |
| 4 Apr 2023 | £242,612 | £240,000 | 1 BODIAM CLOSE |
| 31 Jan 2023 | £293,617 | £295,000 | 193 BEECHINGS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Beechings Way |
| Dec 2023 | Burglary | Awaiting court outcome | On or near Wingham Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Minster Road |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Minster Road |
| Mar 2024 | Burglary | Under investigation | On or near Cranbrook Close |