£179,150
This estimated value is based upon the latest sale price for the house of £105,000 on 12 Apr 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £105,000 | 12 Apr 2012 |
| Semi-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 April 2012 the House Price Index for MEDWAY was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £105,000 results in an estimated price of approximately £179,150.
| 12 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £105,000 | £74,150 | £179,150 |
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 | 44.663 % | £46,896 | £151,896 |
| 3 Month Average | 60.843 % | £63,885 | £168,885 |
| 6 Month Average | 90.642 % | £95,174 | £200,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £305,342 | £300,000 | 18 COLCHESTER CLOSE |
| 19 Jul 2023 | £253,411 | £250,000 | 15 COLCHESTER CLOSE |
| 28 Apr 2023 | £192,068 | £190,000 | 9A COLCHESTER CLOSE |
| 22 Dec 2021 | £273,201 | £255,000 | 81 ROOSEVELT AVENUE |
| 30 Jun 2021 | £391,617 | £365,000 | 93 ROOSEVELT AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 7 Apr 2012. Using an estimated price of £179,151 means this house is valued at £2,267 per sq meter (£210 per sq foot).
The average size of a house on ROOSEVELT AVENUE is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Eden Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eden Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eden Avenue |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Eden Avenue |
| Mar 2024 | Anti-social behaviour | On or near Colchester Close |