£400,539
This estimated value is based upon the latest sale price for the house of £400,000 on 2 Dec 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £400,000 | 2 Dec 2022 |
| £300,000 | 17 Jun 2021 |
| £220,000 | 13 Jun 2003 |
| 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 December 2022 the House Price Index for MEDWAY was 148.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.135%.Applying this 0.135% change to the original purchase price of £400,000 results in an estimated price of approximately £400,539.
| 2 Dec 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 148.6 | 0.135 % | £400,000 | £539 | £400,539 |
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 | -21.656 % | £-86,623 | £313,376 |
| 3 Month Average | -26.819 % | £-107,276 | £292,723 |
| 6 Month Average | -9.356 % | £-37,423 | £362,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £232,979 | £230,000 | 18 DIANA ROAD |
| 14 Apr 2023 | £333,592 | £330,000 | 53 DIANA ROAD |
| 11 Jan 2023 | £354,331 | £356,000 | 7 MARK STREET |
| 5 Apr 2022 | £164,768 | £160,000 | 24 MARY COURT |
| 12 Nov 2021 | £174,124 | £161,000 | 28 MARY COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mary Court |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Mary Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mary Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mary Court |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Mark Street |