£295,441
This estimated value is based upon the latest sale price for the house of £250,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Wyles Road
More crime details
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| Price Paid | Date |
|---|---|
| £250,000 | 16 Oct 2020 |
| 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 October 2020 the House Price Index for MEDWAY was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £250,000 results in an estimated price of approximately £295,441.
| 16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £250,000 | £45,441 | £295,441 |
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 | 1.863 % | £4,657 | £254,657 |
| 3 Month Average | -5.446 % | £-13,615 | £236,384 |
| 6 Month Average | 13.981 % | £34,952 | £284,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jan 2023 | £300,804 | £300,000 | 37 ELM AVENUE |
| 8 Jul 2022 | £303,542 | £300,500 | 30 ELM AVENUE |
| 18 Mar 2022 | £318,400 | £305,000 | 16 ELM AVENUE |
| 21 Jan 2022 | £257,098 | £242,500 | 15 ELM AVENUE |
| 19 Jan 2022 | £90,117 | £85,000 | 12 ARMADA COURT |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 Oct 2019. Using an estimated price of £295,442 means this house is valued at £3,739 per sq meter (£347 per sq foot).
The average size of a house on ELM AVENUE is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wyles Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wyles Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Wyles Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Wyles Road |
| May 2024 | Drugs | Awaiting court outcome | On or near Wyles Road |