£87,287
This estimated value is based upon the latest sale price for the house of £71,750 on 30 Oct 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Pegasus Way
More crime details
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| Price Paid | Date |
|---|---|
| £71,750 | 30 Oct 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 sq feet |
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 October 2018 the House Price Index for MEDWAY was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.655%.Applying this 21.655% change to the original purchase price of £71,750 results in an estimated price of approximately £87,287.
| 30 Oct 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.655 % | £71,750 | £15,537 | £87,287 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 43.642 % | £31,313 | £103,063 |
| 3 Month Average | 19.016 % | £13,643 | £85,393 |
| 6 Month Average | 25.413 % | £18,233 | £89,983 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 21 Jan 2016.
The average size of a house on OCEAN DRIVE is 55 sq meters (596 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pegasus Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pegasus Way |
| Mar 2024 | Other theft | Under investigation | On or near Pegasus Way |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Pegasus Way |
| Feb 2024 | Burglary | Under investigation | On or near Pegasus Way |