£204,940
This estimated value is based upon the latest sale price for the house of £110,000 on 29 May 2009. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £110,000 | 29 May 2009 |
| £125,000 | 18 Aug 2005 |
| £69,950 | 17 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 May 2009 the House Price Index for MEDWAY was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £110,000 results in an estimated price of approximately £204,940.
| 29 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £110,000 | £94,940 | £204,940 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 61.666 % | £67,832 | £177,832 |
| 3 Month Average | 72.723 % | £79,995 | £189,995 |
| 6 Month Average | 76.445 % | £84,089 | £194,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Mar 2023 | £158,649 | £156,000 | 16 KITCHENER AVENUE |
| 13 Oct 2022 | £617,936 | £620,000 | 139A PALMERSTON ROAD |
| 8 Jul 2022 | £232,328 | £230,000 | 2 MARA COURT |
| 1 Apr 2022 | £311,227 | £300,000 | 29 KITCHENER AVENUE |
| 31 Mar 2022 | £219,226 | £210,000 | 172A PALMERSTON ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 15 Aug 2014. Using an estimated price of £204,940 means this house is valued at £2,112 per sq meter (£196 per sq foot).
The average size of a house on UNDERDOWN AVENUE is 100 sq meters (1,082 sq feet).
This house is the largest in the street with a floor area of 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Underdown Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Underdown Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Underdown Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Underdown Avenue |
| Jul 2024 | Anti-social behaviour | On or near Underdown Avenue |