£425,872
This estimated value is based upon the latest sale price for the house of £397,500 on 16 Dec 2021. 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 |
---|---|
£397,500 | 16 Dec 2021 |
£276,000 | 7 Nov 2017 |
£116,000 | 14 Feb 2002 |
£90,000 | 31 Oct 2001 |
Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 2021 the House Price Index for MEDWAY was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £397,500 results in an estimated price of approximately £425,872.
16 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £397,500 | £28,372 | £425,872 |
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 | -23.780 % | £-94,523 | £302,976 |
3 Month Average | -4.620 % | £-18,363 | £379,136 |
6 Month Average | 10.009 % | £39,785 | £437,285 |
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 70 sq meters or 753 sq feet when measured on 6 Oct 2017. Using an estimated price of £425,872 means this house is valued at £6,083 per sq meter (£565 per sq foot).
The average size of a house on BEECHWOOD AVENUE is 104 sq meters (1,126 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 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 |