£300,498
This estimated value is based upon the latest sale price for the house of £225,000 on 2 Jun 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £225,000 | 2 Jun 2016 |
| £170,000 | 2 Oct 2014 |
| £175,000 | 9 Mar 2007 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 June 2016 the House Price Index for MEDWAY was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £225,000 results in an estimated price of approximately £300,498.
| 2 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £225,000 | £75,498 | £300,498 |
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 | -5.042 % | £-11,345 | £213,654 |
| 3 Month Average | 11.340 % | £25,515 | £250,515 |
| 6 Month Average | 32.344 % | £72,773 | £297,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £154,499 | £151,796 | 31 ALAMEIN AVENUE |
| 30 Aug 2023 | £469,104 | £465,000 | 18B ALAMEIN AVENUE |
| 18 Aug 2023 | £335,434 | £332,500 | 43 ALAMEIN AVENUE |
| 24 Mar 2023 | £494,660 | £490,000 | 18D ALAMEIN AVENUE |
| 6 Mar 2023 | £272,568 | £270,000 | 35 ALAMEIN AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 7 Jul 2014. Using an estimated price of £300,499 means this house is valued at £3,756 per sq meter (£348 per sq foot).
The average size of a house on WAYFIELD ROAD is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dunkirk Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alamein Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alamein Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tobruk Way |
| Feb 2024 | Anti-social behaviour | On or near Tobruk Way |