£221,110
This estimated value is based upon the latest sale price for the house of £150,000 on 31 Mar 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£150,000 | 31 Mar 2015 |
£136,000 | 16 Jun 2006 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 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 March 2015 the House Price Index for MEDWAY was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £150,000 results in an estimated price of approximately £221,110.
31 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 148.6 | 47.407 % | £150,000 | £71,110 | £221,110 |
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 | 17.773 % | £26,659 | £176,659 |
3 Month Average | 36.677 % | £55,016 | £205,016 |
6 Month Average | 64.832 % | £97,248 | £247,248 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £154,499 | £151,796 | 31 ALAMEIN AVENUE |
1 Dec 2023 | £305,342 | £300,000 | 18 COLCHESTER CLOSE |
13 Sep 2023 | £343,391 | £339,000 | 53 ARNHEM DRIVE |
30 Aug 2023 | £469,104 | £465,000 | 18B ALAMEIN AVENUE |
18 Aug 2023 | £335,434 | £332,500 | 43 ALAMEIN AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 27 Aug 2014. Using an estimated price of £221,110 means this house is valued at £3,300 per sq meter (£306 per sq foot).
The average size of a house on CHERBOURG CRESCENT is 91 sq meters (982 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherbourg Crescent |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherbourg Crescent |
Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Cherbourg Crescent |
Mar 2024 | Anti-social behaviour | On or near Colchester Close | |
Mar 2024 | Anti-social behaviour | On or near Colchester Close |