£309,562
This estimated value is based upon the latest sale price for the house of £189,995 on 19 Mar 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £189,995 | 19 Mar 2007 |
| Semi-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 2007 the House Price Index for MEDWAY was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £189,995 results in an estimated price of approximately £309,562.
| 19 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £189,995 | £119,567 | £309,562 |
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 | 57.226 % | £108,725 | £298,720 |
| 3 Month Average | 75.814 % | £144,042 | £334,037 |
| 6 Month Average | 77.065 % | £146,419 | £336,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £276,496 | £268,000 | 18 CAPEL CLOSE |
| 15 Dec 2023 | £350,779 | £340,000 | 7 CAPEL CLOSE |
| 23 Aug 2023 | £341,153 | £335,000 | 23 FAIRFAX CLOSE |
| 21 Oct 2022 | £279,068 | £280,000 | 2 CONYERS WALK |
| 8 Jul 2022 | £429,302 | £425,000 | 35 CAPEL CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Fairfax Close | |
| Apr 2024 | Anti-social behaviour | On or near Fairfax Close | |
| Apr 2024 | Anti-social behaviour | On or near Fairfax Close | |
| Apr 2024 | Anti-social behaviour | On or near Fairfax Close | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Capel Close |