£512,238
This estimated value is based upon the latest sale price for the house of £505,000 on 6 Jun 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £505,000 | 6 Jun 2022 |
| 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 June 2022 the House Price Index for MEDWAY was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £505,000 results in an estimated price of approximately £512,238.
| 6 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £505,000 | £7,238 | £512,238 |
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 | -52.950 % | £-267,399 | £237,600 |
| 3 Month Average | -30.812 % | £-155,600 | £349,399 |
| 6 Month Average | -2.059 % | £-10,397 | £494,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £490,947 | £485,000 | 42 ELLIOTTS WAY |
| 3 Apr 2023 | £540,823 | £535,000 | 4 PRIMROSE CLOSE |
| 3 Apr 2023 | £262,830 | £260,000 | 1 CONDOR HOUSE ELLIOTTS WAY |
| 11 Nov 2022 | £454,495 | £460,000 | 61 ELLIOTTS WAY |
| 6 Jul 2022 | £661,781 | £660,000 | 109 WILSON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Horsted Way | |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near A230 |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A230 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brimmer Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brimmer Way |