£223,065
This estimated value is based upon the latest sale price for the house of £180,000 on 11 Jul 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £180,000 | 11 Jul 2018 |
| £54,000 | 19 Dec 2001 |
| 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 July 2018 the House Price Index for MEDWAY was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £180,000 results in an estimated price of approximately £223,065.
| 11 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £180,000 | £43,065 | £223,065 |
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 | 3.405 % | £6,128 | £186,128 |
| 3 Month Average | 10.312 % | £18,560 | £198,560 |
| 6 Month Average | 11.516 % | £20,728 | £200,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £263,907 | £260,000 | 38 WEBSTER ROAD |
| 14 Nov 2023 | £274,057 | £270,000 | 6 TUFTON ROAD |
| 14 Nov 2023 | £253,757 | £250,000 | 28 WEBSTER ROAD |
| 10 Nov 2023 | £50,751 | £50,000 | 4 HOTHFIELD ROAD |
| 4 Sep 2023 | £101,295 | £100,000 | 2 HOTHFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hothfield Road |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Hothfield Road |
| Feb 2024 | Criminal damage and arson | Local resolution | On or near Hothfield Road |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Hothfield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maplins Close |