£309,376
This estimated value is based upon the latest sale price for the house of £182,500 on 10 Jan 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £182,500 | 10 Jan 2013 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 January 2013 the House Price Index for MEDWAY was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £182,500 results in an estimated price of approximately £309,376.
| 10 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.521 % | £182,500 | £126,876 | £309,376 |
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 | 69.862 % | £127,498 | £309,998 |
| 3 Month Average | 70.798 % | £129,205 | £311,705 |
| 6 Month Average | 78.542 % | £143,338 | £325,838 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £411,086 | £405,000 | 27 HUNTERS WAY |
| 25 Aug 2023 | £337,957 | £335,000 | 43 ALLISON AVENUE |
| 6 Jun 2023 | £336,071 | £332,000 | 5 LEYTON AVENUE |
| 22 Mar 2022 | £549,219 | £530,000 | 8 PRESTON AVENUE |
| 16 Feb 2022 | £482,399 | £460,000 | 69 ALLISON AVENUE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 28 Sep 2015. Using an estimated price of £309,376 means this house is valued at £2,599 per sq meter (£241 per sq foot).
The average size of a house on ALLISON AVENUE is 111 sq meters (1,196 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Preston Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Darland Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hunters Way West |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Audley Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Zetland Avenue |