£283,042
This estimated value is based upon the latest sale price for the house of £235,000 on 12 Mar 2020. 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 Cranbrook Close
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| Price Paid | Date |
|---|---|
| £235,000 | 12 Mar 2020 |
| £145,000 | 30 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 March 2020 the House Price Index for MEDWAY was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £235,000 results in an estimated price of approximately £283,042.
| 12 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £235,000 | £48,042 | £283,042 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 60.808 % | £142,898 | £377,898 |
| 3 Month Average | 25.664 % | £60,309 | £295,309 |
| 6 Month Average | 13.135 % | £30,867 | £265,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £270,737 | £266,000 | 8 FORDWICH GREEN |
| 22 Sep 2023 | £319,080 | £315,000 | 86 THORNHAM ROAD |
| 2 Jun 2023 | £285,458 | £282,000 | 1 KINGSNORTH ROAD |
| 4 Apr 2023 | £210,264 | £208,000 | 6A BRABOURNE AVENUE |
| 4 Apr 2023 | £272,939 | £270,000 | 78 THORNHAM ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 20 Aug 2019. Using an estimated price of £283,043 means this house is valued at £3,931 per sq meter (£365 per sq foot).
The average size of a house on BRABOURNE AVENUE is 76 sq meters (827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Cranbrook Close |
| Mar 2024 | Anti-social behaviour | On or near Brabourne Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Brabourne Avenue | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Brabourne Avenue |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Brabourne Avenue |