£353,488
This estimated value is based upon the latest sale price for the house of £265,500 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £265,500 | 26 Aug 2016 |
| £141,000 | 27 Feb 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 August 2016 the House Price Index for MEDWAY was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £265,500 results in an estimated price of approximately £353,488.
| 26 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £265,500 | £87,988 | £353,488 |
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 | 12.453 % | £33,061 | £298,561 |
| 3 Month Average | 20.260 % | £53,789 | £319,289 |
| 6 Month Average | 24.681 % | £65,527 | £331,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £289,283 | £285,000 | 78 BURNHAM WALK |
| 30 Mar 2023 | £329,101 | £326,000 | 13 CLAVELL CLOSE |
| 24 Mar 2023 | £262,473 | £260,000 | 46 BURNHAM WALK |
| 16 Feb 2023 | £154,896 | £155,000 | 8 ORMSBY GREEN |
| 30 Sep 2022 | £307,517 | £310,000 | 16 ORMSBY GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnham Walk |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnham Walk |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnham Walk |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Burnham Walk |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Hunstanton Close |