£272,008
This estimated value is based upon the latest sale price for the house of £237,000 on 15 Dec 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £237,000 | 15 Dec 2020 |
| £16,000 | 21 Feb 2000 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 December 2020 the House Price Index for MEDWAY was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £237,000 results in an estimated price of approximately £272,008.
| 15 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £237,000 | £35,008 | £272,008 |
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 | -18.957 % | £-44,927 | £192,072 |
| 3 Month Average | -8.912 % | £-21,121 | £215,878 |
| 6 Month Average | 10.591 % | £25,101 | £262,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £327,868 | £325,000 | 27 BRENDON AVENUE |
| 21 Jul 2023 | £263,547 | £260,000 | 57 PRINCES AVENUE |
| 17 Jul 2023 | £362,884 | £358,000 | 21 BRENDON AVENUE |
| 22 Jul 2022 | £325,877 | £325,000 | 89 PRINCES AVENUE |
| 4 Jul 2022 | £325,877 | £325,000 | 90 PRINCES AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 17 Jul 2020. Using an estimated price of £272,008 means this house is valued at £3,200 per sq meter (£297 per sq foot).
The average size of a house on PRINCES AVENUE is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Southbourne Grove | |
| Mar 2024 | Anti-social behaviour | On or near Southbourne Grove | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbourne Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbourne Grove |
| Dec 2023 | Anti-social behaviour | On or near Southbourne Grove |