£360,519
This estimated value is based upon the latest sale price for the house of £292,500 on 5 Feb 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £292,500 | 5 Feb 2020 |
| £170,000 | 1 Mar 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 February 2020 the House Price Index for MEDWAY was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £292,500 results in an estimated price of approximately £360,519.
| 5 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £292,500 | £68,019 | £360,519 |
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 | 30.028 % | £87,832 | £380,332 |
| 3 Month Average | 15.986 % | £46,759 | £339,259 |
| 6 Month Average | 13.848 % | £40,505 | £333,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £355,461 | £350,000 | 66 COURTFIELD AVENUE |
| 8 Dec 2023 | £301,257 | £292,000 | 39 COURTFIELD AVENUE |
| 8 Sep 2023 | £306,762 | £300,000 | 49 COURTFIELD AVENUE |
| 27 Jan 2023 | £276,739 | £276,000 | 15 MEAD GREEN |
| 17 Jun 2022 | £316,771 | £310,000 | 115 BALLENS ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 11 Oct 2018. Using an estimated price of £360,520 means this house is valued at £4,563 per sq meter (£423 per sq foot).
The average size of a house on MEAD GREEN is 73 sq meters (792 sq feet).
This house is the largest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ballens Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hatton Road |
| Apr 2024 | Anti-social behaviour | On or near Ashmead Close | |
| Apr 2024 | Anti-social behaviour | On or near Ashmead Close | |
| Apr 2024 | Anti-social behaviour | On or near Ashmead Close |