£356,389
This estimated value is based upon the latest sale price for the house of £286,500 on 21 Jun 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Howard Avenue
More crime details
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Price Paid | Date |
---|---|
£286,500 | 21 Jun 2018 |
£190,000 | 12 Sep 2014 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 June 2018 the House Price Index for MEDWAY was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £286,500 results in an estimated price of approximately £356,389.
21 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £286,500 | £69,889 | £356,389 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 12.779 % | £36,610 | £323,110 |
3 Month Average | 8.744 % | £25,050 | £311,550 |
6 Month Average | 17.548 % | £50,275 | £336,775 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £354,042 | £348,800 | 37 HOWARD AVENUE |
5 Sep 2023 | £379,857 | £375,000 | 3 ARTHUR ROAD |
23 Jun 2023 | £506,131 | £500,000 | 68 CITY WAY |
9 Jun 2023 | £288,495 | £285,000 | 54 HOWARD AVENUE |
3 Apr 2023 | £381,609 | £377,500 | 74 CITY WAY |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 17 Feb 2014. Using an estimated price of £356,389 means this house is valued at £4,004 per sq meter (£372 per sq foot).
The average size of a house on CITY WAY is 118 sq meters (1,272 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Howard Avenue |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Howard Avenue |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Onslow Road |
Feb 2024 | Anti-social behaviour | On or near Onslow Road | |
Feb 2024 | Anti-social behaviour | On or near Onslow Road |