£490,506
This estimated value is based upon the latest sale price for the house of £375,100 on 17 Oct 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £375,100 | 17 Oct 2016 |
| £181,000 | 5 Apr 2002 |
| £180,000 | 21 Dec 2001 |
| £87,000 | 29 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 October 2016 the House Price Index for MEDWAY was 112.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.767%.Applying this 30.767% change to the original purchase price of £375,100 results in an estimated price of approximately £490,506.
| 17 Oct 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 146.7 | 30.767 % | £375,100 | £115,406 | £490,506 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 9.205 % | £34,528 | £409,628 |
| 3 Month Average | 9.670 % | £36,270 | £411,370 |
| 6 Month Average | 26.046 % | £97,698 | £472,798 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 Feb 2015.
The average size of a house on SECOND AVENUE is 102 sq meters (1,099 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Second Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Second Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Second Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near First Avenue |