£574,063
This estimated value is based upon the latest sale price for the house of £425,000 on 11 Mar 2016. 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 Maidstone Road
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| Price Paid | Date |
|---|---|
| £425,000 | 11 Mar 2016 |
| £195,000 | 27 Jun 2007 |
| Detached |
| Freehold |
| Floor Area: 192 sq meters or 2,066 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 March 2016 the House Price Index for MEDWAY was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £425,000 results in an estimated price of approximately £574,063.
| 11 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £425,000 | £149,063 | £574,063 |
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 | -8.669 % | £-36,843 | £388,156 |
| 3 Month Average | 5.412 % | £23,001 | £448,001 |
| 6 Month Average | 33.305 % | £141,544 | £566,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2023 | £378,567 | £375,000 | 14 THORNDALE CLOSE |
| 1 Jul 2022 | £321,365 | £320,500 | 29 WATSON AVENUE |
| 8 Apr 2022 | £272,897 | £265,000 | 54 BINLAND GROVE |
| 1 Apr 2022 | £274,956 | £267,000 | 113 BARBERRY AVENUE |
| 31 Mar 2022 | £569,944 | £550,000 | 53 WATSON AVENUE |
This house has a floor area of 192 sq meters or 2,066 sq feet when measured on 31 Oct 2015. Using an estimated price of £574,063 means this house is valued at £2,989 per sq meter (£277 per sq foot).
The average size of a house on WATSON AVENUE is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Maidstone Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Maidstone Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Maidstone Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Maidstone Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Maidstone Road |