£449,513
This estimated value is based upon the latest sale price for the house of £425,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £425,000 | 17 Dec 2021 |
| £360,000 | 4 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 December 2021 the House Price Index for MEDWAY was 138.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.768%.Applying this 5.768% change to the original purchase price of £425,000 results in an estimated price of approximately £449,513.
| 17 Dec 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 146.7 | 5.768 % | £425,000 | £24,513 | £449,513 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | -23.780 % | £-101,063 | £323,936 |
| 3 Month Average | -4.620 % | £-19,633 | £405,366 |
| 6 Month Average | 10.009 % | £42,538 | £467,538 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 9 Jan 2015.
The average size of a house on CHESTNUT AVENUE is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Manor Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakhurst Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakhurst Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Rugby Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Winchester Avenue |