£308,863
This estimated value is based upon the latest sale price for the house of £245,000 on 30 Nov 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £245,000 | 30 Nov 2017 |
| £125,000 | 17 Feb 2003 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2017 the House Price Index for MEDWAY was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £245,000 results in an estimated price of approximately £308,863.
| 30 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £245,000 | £63,863 | £308,863 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 3.603 % | £8,826 | £253,826 |
| 3 Month Average | 7.754 % | £18,997 | £263,997 |
| 6 Month Average | 14.164 % | £34,700 | £279,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £320,302 | £317,500 | 31 CARLTON AVENUE |
| 16 Jun 2023 | £298,617 | £295,000 | 86 BARNSOLE ROAD |
| 8 Mar 2023 | £272,568 | £270,000 | 21 LOUISVILLE AVENUE |
| 9 Jan 2023 | £228,922 | £230,000 | 82 BARNSOLE ROAD |
| 27 May 2022 | £285,377 | £280,000 | 13 LOUISVILLE AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 29 Oct 2019. Using an estimated price of £308,864 means this house is valued at £4,011 per sq meter (£372 per sq foot).
The average size of a house on BARNSOLE ROAD is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Louisville Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Louisville Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Louisville Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Louisville Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brasenose Road |