£279,165
This estimated value is based upon the latest sale price for the house of £150,000 on 8 Apr 2005. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £150,000 | 8 Apr 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 April 2005 the House Price Index for MEDWAY was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £150,000 results in an estimated price of approximately £279,165.
| 8 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £150,000 | £129,165 | £279,165 |
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 | 207.766 % | £311,648 | £461,648 |
| 3 Month Average | 99.878 % | £149,817 | £299,817 |
| 6 Month Average | 96.254 % | £144,380 | £294,380 |
| 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 |
| 24 Mar 2023 | £494,660 | £490,000 | 98 HAWTHORNE AVENUE |
| 1 Feb 2023 | £311,291 | £311,500 | 7 NEWNHAM CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 18 Sep 2014. Using an estimated price of £279,165 means this house is valued at £3,067 per sq meter (£285 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 Hawthorne Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ashley Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Ashley Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ashley Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Pump Lane |