£473,087
This estimated value is based upon the latest sale price for the house of £275,000 on 7 Mar 2011. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£275,000 | 7 Mar 2011 |
£250,000 | 28 Jan 2009 |
£121,000 | 5 Dec 1997 |
£98,500 | 14 Dec 1995 |
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 March 2011 the House Price Index for MEDWAY was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £275,000 results in an estimated price of approximately £473,087.
7 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 148.6 | 72.032 % | £275,000 | £198,087 | £473,087 |
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 | 65.390 % | £179,822 | £454,822 |
3 Month Average | 87.599 % | £240,898 | £515,898 |
6 Month Average | 87.781 % | £241,397 | £516,397 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £232,979 | £230,000 | 30 TEN ACRE WAY |
23 Jun 2023 | £237,881 | £235,000 | 6 TEN ACRE WAY |
24 Mar 2023 | £282,663 | £280,000 | 20 TEN ACRE WAY |
1 Feb 2022 | £513,860 | £490,000 | 19 TEN ACRE WAY |
17 Dec 2021 | £484,262 | £452,000 | 31 TEN ACRE WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Caldecote Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Caldecote Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Burrstock Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Banky Fields Close |
Feb 2024 | Other theft | Under investigation | On or near Banky Fields Close |