£326,838
This estimated value is based upon the latest sale price for the house of £322,000 on 19 Jan 2024. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £322,000 | 19 Jan 2024 |
| 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 January 2024 the House Price Index for MEDWAY was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £322,000 results in an estimated price of approximately £326,838.
| 19 Jan 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £322,000 | £4,838 | £326,838 |
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 | 34.746 % | £111,883 | £433,883 |
| 3 Month Average | -20.323 % | £-65,440 | £256,559 |
| 6 Month Average | -6.152 % | £-19,810 | £302,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £292,111 | £287,000 | 25 CHATHAM GROVE |
| 31 Aug 2023 | £356,586 | £353,466 | 166 MAGPIE HALL ROAD |
| 24 Feb 2023 | £254,829 | £255,000 | 27 KITCHENER AVENUE |
| 5 Aug 2022 | £279,248 | £280,000 | 184 MAGPIE HALL ROAD |
| 17 Jun 2022 | £679,604 | £670,000 | 128 MAGPIE HALL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chatham Grove |
| Mar 2024 | Anti-social behaviour | On or near Chatham Grove | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chatham Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chatham Grove |
| Mar 2024 | Anti-social behaviour | On or near Chatham Grove |