£189,289
This estimated value is based upon the latest sale price for the house of £125,000 on 15 Aug 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £125,000 | 15 Aug 2014 |
| £65,000 | 28 Aug 2012 |
| £36,000 | 24 May 1996 |
| Semi-Detached |
| 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 August 2014 the House Price Index for MEDWAY was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £125,000 results in an estimated price of approximately £189,289.
| 15 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £125,000 | £64,289 | £189,289 |
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 | 15.646 % | £19,557 | £144,557 |
| 3 Month Average | 25.300 % | £31,624 | £156,624 |
| 6 Month Average | 55.739 % | £69,673 | £194,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £282,471 | £280,000 | 45 ANSELL AVENUE |
| 19 Jul 2023 | £253,411 | £250,000 | 11 WESTBROOKE CLOSE |
| 14 Jul 2023 | £177,387 | £175,000 | 160 SYMONS AVENUE |
| 31 Mar 2023 | £222,092 | £220,000 | 44 HAIG AVENUE |
| 17 Jan 2023 | £268,734 | £270,000 | 38 WHITE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Damiem Close |
| Mar 2024 | Anti-social behaviour | On or near Great South Avenue | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great South Avenue |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Great South Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Terence Close |