£355,745
This estimated value is based upon the latest sale price for the house of £270,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£270,000 | 25 Nov 2016 |
£38,000 | 7 Apr 1999 |
Semi-Detached |
Freehold |
Floor Area: 144 sq meters or 1,552 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 £270,000 results in an estimated price of approximately £355,745.
25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £270,000 | £85,745 | £355,745 |
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 % | £16,658 | £286,658 |
3 Month Average | 5.924 % | £15,993 | £285,993 |
6 Month Average | 29.981 % | £80,948 | £350,948 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £353,089 | £350,000 | 50A TUNBURY AVENUE |
18 Jul 2023 | £381,636 | £376,500 | 4 TUNBURY AVENUE |
5 Jul 2023 | £369,980 | £365,000 | 59 TUNBURY AVENUE |
9 Feb 2023 | £629,576 | £630,000 | 79 ROBIN HOOD LANE |
23 Mar 2022 | £507,769 | £490,000 | 41 JACKLIN CLOSE |
This house has a floor area of 144 sq meters or 1,552 sq feet when measured on 24 Mar 2012. Using an estimated price of £355,745 means this house is valued at £2,467 per sq meter (£229 per sq foot).
The average size of a house on TUNBURY AVENUE is 124 sq meters (1,335 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Foresters Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foresters Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foresters Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longhurst Drive |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Longhurst Drive |