£284,162
This estimated value is based upon the latest sale price for the house of £230,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £230,000 | 28 Jun 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £230,000 results in an estimated price of approximately £284,162.
| 28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £230,000 | £54,162 | £284,162 |
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 | 44.650 % | £102,694 | £332,694 |
| 3 Month Average | -1.106 % | £-2,542 | £227,457 |
| 6 Month Average | 22.901 % | £52,673 | £282,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £286,796 | £282,550 | 75 MADDEN AVENUE |
| 18 Sep 2023 | £238,044 | £235,000 | 21 MADDEN AVENUE |
| 15 Sep 2023 | £283,626 | £280,000 | 64 BARBERRY AVENUE |
| 25 Aug 2023 | £262,295 | £260,000 | 59 MADDEN AVENUE |
| 31 Jul 2023 | £158,382 | £156,250 | 23 BARBERRY AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 7 Feb 2019. Using an estimated price of £284,162 means this house is valued at £3,788 per sq meter (£351 per sq foot).
The average size of a house on BARBERRY AVENUE is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Field Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Field Close |
| Feb 2024 | Anti-social behaviour | On or near Field Close | |
| Feb 2024 | Anti-social behaviour | On or near Field Close | |
| Feb 2024 | Anti-social behaviour | On or near Field Close |