£340,929
This estimated value is based upon the latest sale price for the house of £260,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£260,000 | 9 Dec 2016 |
£140,000 | 7 Apr 2009 |
Semi-Detached |
Freehold |
Floor Area: 65 sq meters or 699 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 December 2016 the House Price Index for MEDWAY was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £260,000 results in an estimated price of approximately £340,929.
9 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £260,000 | £80,929 | £340,929 |
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 | 50.044 % | £130,114 | £390,114 |
3 Month Average | 6.927 % | £18,009 | £278,009 |
6 Month Average | 31.394 % | £81,623 | £341,623 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £344,404 | £340,000 | 2 LARKSPUR ROAD |
25 Jul 2023 | £425,730 | £420,000 | 27 BULRUSH CLOSE |
22 Jul 2022 | £280,756 | £280,000 | 23 GENTIAN CLOSE |
21 Mar 2022 | £455,955 | £440,000 | 52 CHESTNUT AVENUE |
21 Mar 2022 | £466,318 | £450,000 | 103 CHESTNUT AVENUE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 20 Oct 2019. Using an estimated price of £340,929 means this house is valued at £5,245 per sq meter (£487 per sq foot).
The average size of a house on CHESTNUT AVENUE is 106 sq meters (1,149 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Chestnut Avenue |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Amanda Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Larkspur Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larkspur Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larkspur Road |