£276,363
This estimated value is based upon the latest sale price for the house of £182,500 on 14 Aug 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £182,500 | 14 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 August 2014 the House Price Index for MEDWAY was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £182,500 results in an estimated price of approximately £276,363.
| 14 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £182,500 | £93,863 | £276,363 |
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 | 137.262 % | £250,503 | £433,003 |
| 3 Month Average | 55.971 % | £102,147 | £284,647 |
| 6 Month Average | 61.309 % | £111,888 | £294,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £641,219 | £630,000 | 28A PUMP LANE |
| 16 Nov 2023 | £390,786 | £385,000 | 55 PUMP LANE |
| 10 Nov 2023 | £264,922 | £261,000 | 78 HAWTHORNE AVENUE |
| 27 Jul 2023 | £364,911 | £360,000 | 54 HAWTHORNE AVENUE |
| 24 Mar 2023 | £494,660 | £490,000 | 98 HAWTHORNE AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 13 May 2014. Using an estimated price of £276,363 means this house is valued at £4,064 per sq meter (£377 per sq foot).
The average size of a house on HAWTHORNE AVENUE is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ashley Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ashley Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Ashley Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hawthorne Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Woodchurch Crescent |