£283,576
This estimated value is based upon the latest sale price for the house of £168,000 on 28 Feb 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £168,000 | 28 Feb 2013 |
| £158,000 | 17 Aug 2006 |
| £69,995 | 23 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 February 2013 the House Price Index for MEDWAY was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £168,000 results in an estimated price of approximately £283,576.
| 28 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £168,000 | £115,576 | £283,576 |
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 | 142.534 % | £239,456 | £407,456 |
| 3 Month Average | 48.834 % | £82,041 | £250,041 |
| 6 Month Average | 81.040 % | £136,147 | £304,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £154,499 | £151,796 | 31 ALAMEIN AVENUE |
| 17 Nov 2023 | £304,508 | £300,000 | 25 DUNKIRK DRIVE |
| 31 Aug 2023 | £319,798 | £317,000 | 10 ARNHEM DRIVE |
| 30 Aug 2023 | £469,104 | £465,000 | 18B ALAMEIN AVENUE |
| 18 Aug 2023 | £335,434 | £332,500 | 43 ALAMEIN AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 10 Aug 2012. Using an estimated price of £283,577 means this house is valued at £3,259 per sq meter (£302 per sq foot).
The average size of a house on DUNKIRK DRIVE is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dunkirk Drive |
| Feb 2024 | Anti-social behaviour | On or near Tobruk Way | |
| Feb 2024 | Anti-social behaviour | On or near Tobruk Way | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tobruk Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tobruk Way |