£224,513
This estimated value is based upon the latest sale price for the house of £130,000 on 31 Oct 2008. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £130,000 | 31 Oct 2008 |
| 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 October 2008 the House Price Index for MEDWAY was 84.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 72.702%.Applying this 72.702% change to the original purchase price of £130,000 results in an estimated price of approximately £224,513.
| 31 Oct 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 146.7 | 72.702 % | £130,000 | £94,513 | £224,513 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 128.386 % | £166,901 | £296,901 |
| 3 Month Average | 84.356 % | £109,662 | £239,662 |
| 6 Month Average | 90.652 % | £117,848 | £247,848 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Emerald Close |
| Dec 2023 | Other crime | Action to be taken by another organisation | On or near Emerald Close |
| Dec 2023 | Other crime | Further action is not in the public interest | On or near Emerald Close |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Emerald Close |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Berkeley Close |