£433,687
This estimated value is based upon the latest sale price for the house of £229,995 on 20 Dec 2004. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £229,995 | 20 Dec 2004 |
| 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 2004 the House Price Index for MEDWAY was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £229,995 results in an estimated price of approximately £433,687.
| 20 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £229,995 | £203,692 | £433,687 |
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 | 50.604 % | £116,385 | £346,380 |
| 3 Month Average | 77.310 % | £177,809 | £407,804 |
| 6 Month Average | 112.071 % | £257,758 | £487,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £284,133 | £280,500 | 31 WEYBRIDGE CLOSE |
| 29 Aug 2023 | £267,339 | £265,000 | 18 REDBRIDGE CLOSE |
| 4 Aug 2023 | £277,427 | £275,000 | 59 WEYBRIDGE CLOSE |
| 27 Apr 2023 | £293,156 | £290,000 | 175 KINGSTON CRESCENT |
| 31 Oct 2022 | £103,881 | £105,000 | 51 WEYBRIDGE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Merton Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merton Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redbridge Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redbridge Close |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Redbridge Close |