£346,036
This estimated value is based upon the latest sale price for the house of £280,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£280,000 | 13 Dec 2019 |
£235,000 | 20 Dec 2007 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 894 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 2019 the House Price Index for MEDWAY was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £280,000 results in an estimated price of approximately £346,036.
13 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £280,000 | £66,036 | £346,036 |
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 | 45.338 % | £126,945 | £406,945 |
3 Month Average | 28.669 % | £80,273 | £360,273 |
6 Month Average | 21.839 % | £61,148 | £341,148 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £314,669 | £305,000 | 6 OPAL GREEN |
10 Feb 2023 | £288,930 | £287,000 | 18 NASH CLOSE |
2 Sep 2022 | £389,740 | £390,000 | 73 COURTFIELD AVENUE |
1 Jun 2022 | £293,780 | £287,500 | 31 COPPICE ROAD |
5 Apr 2022 | £346,499 | £334,000 | 37 COPPICE ROAD |
This house has a floor area of 83 sq meters or 894 sq feet when measured on 17 Aug 2010. Using an estimated price of £346,037 means this house is valued at £4,163 per sq meter (£386 per sq foot).
The average size of a house on COURTFIELD AVENUE is 85 sq meters (915 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Mincers Close |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mincers Close |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mincers Close |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mincers Close |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Dornden Gardens |