£228,553
This estimated value is based upon the latest sale price for the house of £180,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £180,000 | 28 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 July 2017 the House Price Index for MEDWAY was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £180,000 results in an estimated price of approximately £228,553.
| 28 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £180,000 | £48,553 | £228,553 |
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 | 65.666 % | £118,197 | £298,197 |
| 3 Month Average | 5.900 % | £10,620 | £190,620 |
| 6 Month Average | 27.922 % | £50,259 | £230,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £321,958 | £320,000 | 110 CHURCHILL AVENUE |
| 20 Jan 2023 | £297,388 | £300,000 | 22 WEDGEWOOD DRIVE |
| 6 Jan 2023 | £297,388 | £300,000 | 215 CHURCHILL AVENUE |
| 27 Apr 2022 | £346,667 | £338,000 | 177 CHURCHILL AVENUE |
| 22 Apr 2022 | £261,538 | £255,000 | 30 GOOSE CLOSE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 18 Jul 2017. Using an estimated price of £228,553 means this house is valued at £2,240 per sq meter (£208 per sq foot).
The average size of a house on CHURCHILL AVENUE is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mountbatten Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mountbatten Avenue |
| Apr 2024 | Anti-social behaviour | On or near Bader Crescent | |
| Apr 2024 | Public order | Under investigation | On or near Frost Crescent |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Frost Crescent |