£494,920
This estimated value is based upon the latest sale price for the house of £360,000 on 17 Nov 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £360,000 | 17 Nov 2015 |
| £190,000 | 24 Nov 2006 |
| £150,000 | 2 Nov 2005 |
| Detached |
| Freehold |
| Floor Area: 217 sq meters or 2,335 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 November 2015 the House Price Index for MEDWAY was 106.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 37.478%.Applying this 37.478% change to the original purchase price of £360,000 results in an estimated price of approximately £494,920.
| 17 Nov 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 146.7 | 37.478 % | £360,000 | £134,920 | £494,920 |
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 | 8.137 % | £29,292 | £389,292 |
| 3 Month Average | 19.221 % | £69,193 | £429,193 |
| 6 Month Average | 48.451 % | £174,422 | £534,422 |
This house has a floor area of 217 sq meters or 2,335 sq feet when measured on 25 Aug 2015.
The average size of a house on CHESTNUT AVENUE is 106 sq meters (1,149 sq feet).
This house is the largest in the street with a floor area of 217 sq meters (2,335 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marston Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marston Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Marston Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Marston Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Orchid Court |