£245,414
This estimated value is based upon the latest sale price for the house of £69,000 on 1 Dec 2000. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £69,000 | 1 Dec 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2000 the House Price Index for MEDWAY was 41.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 255.673%.Applying this 255.673% change to the original purchase price of £69,000 results in an estimated price of approximately £245,414.
| 1 Dec 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 146.7 | 255.673 % | £69,000 | £176,414 | £245,414 |
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 | 180.803 % | £124,754 | £193,754 |
| 3 Month Average | 213.048 % | £147,003 | £216,003 |
| 6 Month Average | 289.393 % | £199,681 | £268,681 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 15 Feb 2018.
The average size of a house on MADDEN AVENUE is 70 sq meters (756 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Barberry Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Concord Avenue |
| Mar 2024 | Anti-social behaviour | On or near Field Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Field Close |
| Feb 2024 | Anti-social behaviour | On or near Field Close |