£251,486
This estimated value is based upon the latest sale price for the house of £205,000 on 12 Dec 2019. 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 Grosvenor Avenue
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| Price Paid | Date |
|---|---|
| £205,000 | 12 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2019 the House Price Index for MEDWAY was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £205,000 results in an estimated price of approximately £251,486.
| 12 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £205,000 | £46,486 | £251,486 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -3.622 % | £-7,424 | £197,575 |
| 3 Month Average | -6.162 % | £-12,632 | £192,367 |
| 6 Month Average | 6.896 % | £14,137 | £219,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £136,191 | £135,000 | 2 SEMPLE GARDENS |
| 4 Jul 2023 | £202,729 | £200,000 | 4 BLENHEIM AVENUE |
| 30 Jun 2023 | £278,372 | £275,000 | 37 BLENHEIM AVENUE |
| 20 Jan 2023 | £162,335 | £163,100 | 34 SEMPLE GARDENS |
| 28 Nov 2021 | £183,857 | £170,000 | 10 SEMPLE GARDENS |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 13 Aug 2019. Using an estimated price of £251,487 means this house is valued at £3,592 per sq meter (£333 per sq foot).
The average size of a house on BLENHEIM AVENUE is 90 sq meters (976 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Grosvenor Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Grosvenor Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Semple Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Semple Gardens |
| Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Semple Gardens |