£316,822
This estimated value is based upon the latest sale price for the house of £260,000 on 4 Feb 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 | 4 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £260,000 results in an estimated price of approximately £316,822.
| 4 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £260,000 | £56,822 | £316,822 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 67.856 % | £176,425 | £436,425 |
| 3 Month Average | 11.263 % | £29,283 | £289,283 |
| 6 Month Average | 9.960 % | £25,896 | £285,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £306,434 | £302,500 | 31 GREENVALE GARDENS |
| 3 Jul 2023 | £251,378 | £249,000 | 18 BRENCHLEY ROAD |
| 27 Feb 2023 | £353,329 | £355,000 | 76 TWYDALL LANE |
| 26 Aug 2022 | £188,725 | £190,000 | 10 GREENVALE GARDENS |
| 26 Aug 2022 | £293,020 | £295,000 | 16 GREENVALE GARDENS |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 Aug 2019. Using an estimated price of £316,823 means this house is valued at £4,659 per sq meter (£432 per sq foot).
The average size of a house on LEWIS AVENUE is 106 sq meters (1,144 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lewis Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lewis Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Lewis Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lewis Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Greenvale Gardens |