£333,022
This estimated value is based upon the latest sale price for the house of £255,000 on 20 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 |
|---|---|
| £255,000 | 20 Dec 2016 |
| Detached |
| Freehold |
| Floor Area: 49 sq meters or 527 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 Apr 2024 is 148.0 which is a change of 30.597%.Applying this 30.597% change to the original purchase price of £255,000 results in an estimated price of approximately £333,022.
| 20 Dec 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.0 | 30.597 % | £255,000 | £78,022 | £333,022 |
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 % | £127,612 | £382,612 |
| 3 Month Average | 6.927 % | £17,663 | £272,663 |
| 6 Month Average | 31.394 % | £80,053 | £335,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £228,389 | £227,000 | 68 WAYFIELD ROAD |
| 14 Jul 2023 | £284,693 | £282,000 | 139 CHURCHILL AVENUE |
| 10 Jul 2023 | £330,123 | £327,000 | 4 CHURCHILL AVENUE |
| 6 Jul 2023 | £323,056 | £320,000 | 12 MONTGOMERY AVENUE |
| 1 Feb 2023 | £333,423 | £335,000 | 7A MONTGOMERY AVENUE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 5 Jan 2018. Using an estimated price of £333,023 means this house is valued at £6,796 per sq meter (£631 per sq foot).
The average size of a house on MONTGOMERY AVENUE is 74 sq meters (803 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Stalin Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stalin Avenue |
| Mar 2024 | Anti-social behaviour | On or near Stalin Avenue | |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Stalin Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stalin Avenue |