£303,663
This estimated value is based upon the latest sale price for the house of £260,000 on 10 Nov 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £260,000 | 10 Nov 2020 |
| £163,000 | 1 Jun 2015 |
| £105,000 | 20 Aug 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £260,000 results in an estimated price of approximately £303,663.
| 10 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £260,000 | £43,663 | £303,663 |
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 | 23.082 % | £60,013 | £320,013 |
| 3 Month Average | 6.746 % | £17,540 | £277,540 |
| 6 Month Average | 4.598 % | £11,955 | £271,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £206,796 | £205,000 | 37 ARNHEM DRIVE |
| 13 Sep 2023 | £346,641 | £339,000 | 53 ARNHEM DRIVE |
| 31 Aug 2023 | £322,822 | £317,000 | 10 ARNHEM DRIVE |
| 10 Oct 2022 | £199,334 | £200,000 | 22 TIMBER BANK |
| 20 May 2022 | £179,681 | £175,000 | 4 TIMBER BANK |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 6 Jul 2020. Using an estimated price of £303,663 means this house is valued at £3,748 per sq meter (£348 per sq foot).
The average size of a house on MALTA AVENUE is 126 sq meters (1,356 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Shalfleet Close | |
| Jun 2024 | Anti-social behaviour | On or near Shalfleet Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Malta Avenue |
| Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Malta Avenue |
| Jun 2024 | Public order | Awaiting court outcome | On or near Malta Avenue |