£587,617
This estimated value is based upon the latest sale price for the house of £160,000 on 4 Sep 2000. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £160,000 | 4 Sep 2000 |
| £88,000 | 26 Feb 1999 |
| 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 September 2000 the House Price Index for MEDWAY was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £160,000 results in an estimated price of approximately £587,617.
| 4 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £160,000 | £427,617 | £587,617 |
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 | 207.140 % | £331,424 | £491,424 |
| 3 Month Average | 252.727 % | £404,363 | £564,363 |
| 6 Month Average | 245.288 % | £392,460 | £552,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £353,089 | £350,000 | 23 HOATH LANE |
| 16 Mar 2022 | £445,593 | £430,000 | 29 WOODSIDE |
| 19 Aug 2021 | £426,723 | £382,500 | 33 SPRINGVALE |
| 2 Oct 2020 | £9,385 | £8,000 | 48A HOATH LANE |
| 20 Mar 2020 | £611,252 | £507,500 | 3 WILLOW TREES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Zillah Gardens |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Springvale |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sherlodge Mews |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Sherlodge Mews |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Sherlodge Mews |