£138,345
This estimated value is based upon the latest sale price for the house of £105,000 on 3 Nov 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £105,000 | 3 Nov 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 November 2016 the House Price Index for MEDWAY was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £105,000 results in an estimated price of approximately £138,345.
| 3 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £105,000 | £33,345 | £138,345 |
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 | 6.170 % | £6,478 | £111,478 |
| 3 Month Average | 5.924 % | £6,219 | £111,219 |
| 6 Month Average | 29.981 % | £31,480 | £136,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2022 | £197,870 | £200,000 | 22 TIMBER BANK |
| 20 May 2022 | £178,361 | £175,000 | 4 TIMBER BANK |
| 2 Dec 2021 | £251,774 | £235,000 | 6 TIMBER BANK |
| 19 Nov 2021 | £240,096 | £222,000 | 6 HERITAGE ROAD |
| 11 Nov 2021 | £243,341 | £225,000 | 24 HERITAGE ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 5 Dec 2015. Using an estimated price of £138,345 means this house is valued at £2,561 per sq meter (£238 per sq foot).
The average size of a house on MOUNTBATTEN AVENUE is 82 sq meters (891 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Malta Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malta Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Silver Bank |
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near Silver Bank |
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Silver Bank |