£465,344
This estimated value is based upon the latest sale price for the house of £360,000 on 21 Apr 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There have been two burglaries within the last year on or near Montrose Avenue
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| Price Paid | Date |
|---|---|
| £360,000 | 21 Apr 2017 |
| £209,000 | 7 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 966 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 April 2017 the House Price Index for MEDWAY was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £360,000 results in an estimated price of approximately £465,344.
| 21 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £360,000 | £105,344 | £465,344 |
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 | -2.599 % | £-9,356 | £350,643 |
| 3 Month Average | 1.980 % | £7,129 | £367,129 |
| 6 Month Average | 29.788 % | £107,237 | £467,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £158,778 | £156,000 | 7 HEATHLAND VIEW |
| 10 Nov 2023 | £466,913 | £460,000 | 3 MAYNARD PLACE |
| 9 Jan 2023 | £1,393,436 | £1,400,000 | HUNTERS COTTAGE, 4 HUNTERS WAY WEST |
| 24 Aug 2022 | £383,966 | £385,000 | 29 MONTROSE AVENUE |
| 13 Apr 2022 | £381,026 | £370,000 | 18 BEECHWOOD AVENUE |
This house has a floor area of 89 sq meters or 966 sq feet when measured on 27 Apr 2011. Using an estimated price of £465,345 means this house is valued at £5,182 per sq meter (£481 per sq foot).
The average size of a house on BEECHWOOD AVENUE is 104 sq meters (1,126 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Montrose Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Montrose Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heathland View |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Heathland View |
| Feb 2024 | Anti-social behaviour | On or near Heathland View |