£229,742
This estimated value is based upon the latest sale price for the house of £89,500 on 29 Nov 2002. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £89,500 | 29 Nov 2002 |
| £55,000 | 30 Mar 2001 |
| 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 November 2002 the House Price Index for MEDWAY was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £89,500 results in an estimated price of approximately £229,742.
| 29 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £89,500 | £140,242 | £229,742 |
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 | 98.869 % | £88,487 | £177,987 |
| 3 Month Average | 77.551 % | £69,408 | £158,908 |
| 6 Month Average | 133.949 % | £119,884 | £209,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £292,111 | £287,000 | 25 CHATHAM GROVE |
| 2 Mar 2023 | £157,484 | £156,000 | 16 KITCHENER AVENUE |
| 13 Oct 2022 | £613,395 | £620,000 | 139A PALMERSTON ROAD |
| 8 Jul 2022 | £230,621 | £230,000 | 2 MARA COURT |
| 6 May 2022 | £250,724 | £246,000 | 18 CHATHAM GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Underdown Avenue |
| Jan 2024 | Other crime | Awaiting court outcome | On or near Underdown Avenue |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Underdown Avenue |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Underdown Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kitchener Avenue |