£328,094
This estimated value is based upon the latest sale price for the house of £225,000 on 11 Mar 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£225,000 | 11 Mar 2015 |
Semi-Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 Jan 2024 is 147.0 which is a change of 45.820%.Applying this 45.820% change to the original purchase price of £225,000 results in an estimated price of approximately £328,094.
11 Mar 2015 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 147.0 | 45.820 % | £225,000 | £103,094 | £328,094 |
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 | 9.782 % | £22,009 | £247,009 |
3 Month Average | 42.269 % | £95,104 | £320,104 |
6 Month Average | 58.084 % | £130,687 | £355,687 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Sep 2022 | £434,140 | £443,000 | 26 WINDYRIDGE |
28 Mar 2022 | £568,933 | £555,000 | 2 AUDLEY AVENUE |
11 Feb 2022 | £383,298 | £370,000 | 20 AUDLEY AVENUE |
26 Aug 2021 | £378,252 | £343,000 | 20 HUNTERS WAY |
18 Aug 2021 | £455,446 | £413,000 | 31 AUDLEY AVENUE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 4 Dec 2015. Using an estimated price of £328,094 means this house is valued at £2,929 per sq meter (£272 per sq foot).
The average size of a house on WINDYRIDGE is 106 sq meters (1,148 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Darland Avenue |
Nov 2023 | Anti-social behaviour | On or near Allison Avenue | |
Nov 2023 | Anti-social behaviour | On or near Allison Avenue | |
Nov 2023 | Anti-social behaviour | On or near Allison Avenue | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Preston Avenue |