£298,533
This estimated value is based upon the latest sale price for the house of £257,500 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£257,500 | 27 Nov 2020 |
£247,500 | 3 Aug 2016 |
£195,000 | 7 Feb 2014 |
£187,500 | 9 Feb 2007 |
Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 November 2020 the House Price Index for MEDWAY was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £257,500 results in an estimated price of approximately £298,533.
27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £257,500 | £41,033 | £298,533 |
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 | 39.303 % | £101,204 | £358,704 |
3 Month Average | -6.087 % | £-15,672 | £241,827 |
6 Month Average | 10.957 % | £28,214 | £285,714 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £263,547 | £260,000 | 57 PRINCES AVENUE |
22 Jul 2022 | £325,877 | £325,000 | 89 PRINCES AVENUE |
4 Jul 2022 | £325,877 | £325,000 | 90 PRINCES AVENUE |
20 Apr 2022 | £334,685 | £325,000 | 22 BRENDON AVENUE |
7 Mar 2022 | £269,428 | £260,000 | 163 PRINCES AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 4 Oct 2013. Using an estimated price of £298,534 means this house is valued at £4,523 per sq meter (£420 per sq foot).
The average size of a house on PRINCES AVENUE is 98 sq meters (1,059 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Southbourne Grove | |
Mar 2024 | Anti-social behaviour | On or near Southbourne Grove | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbourne Grove |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbourne Grove |
Mar 2024 | Anti-social behaviour | On or near The Wirrals |