£201,168
This estimated value is based upon the latest sale price for the house of £56,995 on 2 Feb 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £56,995 | 2 Feb 2001 |
| £52,000 | 20 Sep 2000 |
| 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 2001 the House Price Index for MEDWAY was 42.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 252.958%.Applying this 252.958% change to the original purchase price of £56,995 results in an estimated price of approximately £201,168.
| 2 Feb 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 148.6 | 252.958 % | £56,995 | £144,173 | £201,168 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 212.694 % | £121,224 | £178,219 |
| 3 Month Average | 218.794 % | £124,701 | £181,696 |
| 6 Month Average | 287.715 % | £163,983 | £220,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £353,810 | £350,000 | 12 SMITH ROAD |
| 28 Nov 2022 | £202,547 | £205,000 | 13 SMITH ROAD |
| 25 Nov 2022 | £215,062 | £217,667 | 22 ADMIRALS WALK |
| 13 Oct 2022 | £267,124 | £270,000 | 9 PORT CLOSE |
| 13 Jul 2022 | £245,661 | £245,000 | 25 BROADLANDS DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beeching Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beeching Road |
| Feb 2024 | Anti-social behaviour | On or near Beeching Road | |
| Feb 2024 | Anti-social behaviour | On or near Beeching Road | |
| Feb 2024 | Anti-social behaviour | On or near Beeching Road |