£243,184
This estimated value is based upon the latest sale price for the house of £155,000 on 7 Aug 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £155,000 | 7 Aug 2007 |
| £50,000 | 29 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2007 the House Price Index for MEDWAY was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £155,000 results in an estimated price of approximately £243,184.
| 7 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £155,000 | £88,184 | £243,184 |
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 | 32.414 % | £50,241 | £205,241 |
| 3 Month Average | 46.063 % | £71,397 | £226,397 |
| 6 Month Average | 80.274 % | £124,425 | £279,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £362,365 | £357,000 | 112 WAYFIELD ROAD |
| 18 Sep 2023 | £314,015 | £310,000 | 157A WAYFIELD ROAD |
| 25 Aug 2023 | £229,003 | £227,000 | 68 WAYFIELD ROAD |
| 6 Jul 2023 | £324,366 | £320,000 | 12 MONTGOMERY AVENUE |
| 1 Feb 2023 | £334,775 | £335,000 | 7A MONTGOMERY AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 28 May 2020. Using an estimated price of £243,184 means this house is valued at £2,795 per sq meter (£259 per sq foot).
The average size of a house on ROOSEVELT AVENUE is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Barnfield | |
| Mar 2024 | Anti-social behaviour | On or near Barnfield | |
| Mar 2024 | Anti-social behaviour | On or near Barnfield | |
| Mar 2024 | Anti-social behaviour | On or near Barnfield | |
| Mar 2024 | Anti-social behaviour | On or near Barnfield |