£257,892
This estimated value is based upon the latest sale price for the house of £59,500 on 23 Jul 1999. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £59,500 | 23 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 July 1999 the House Price Index for MEDWAY was 34.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 333.432%.Applying this 333.432% change to the original purchase price of £59,500 results in an estimated price of approximately £257,892.
| 23 Jul 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 148.6 | 333.432 % | £59,500 | £198,392 | £257,892 |
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 | 233.777 % | £139,097 | £198,597 |
| 3 Month Average | 268.309 % | £159,643 | £219,143 |
| 6 Month Average | 368.950 % | £219,525 | £279,025 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £286,796 | £282,550 | 75 MADDEN AVENUE |
| 25 Aug 2023 | £262,295 | £260,000 | 59 MADDEN AVENUE |
| 2 Aug 2023 | £280,454 | £278,000 | 99 MADDEN AVENUE |
| 30 Jan 2023 | £265,748 | £267,000 | 4 HOOK CLOSE |
| 10 Aug 2022 | £314,154 | £315,000 | 44 MADDEN AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 9 Mar 2020. Using an estimated price of £257,892 means this house is valued at £3,393 per sq meter (£315 per sq foot).
The average size of a house on CONCORD AVENUE is 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Hill View Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hill View Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hill View Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hill View Way |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Barberry Avenue |