£259,091
This estimated value is based upon the latest sale price for the house of £209,000 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £209,000 | 16 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 August 2019 the House Price Index for MEDWAY was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £209,000 results in an estimated price of approximately £259,091.
| 16 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £209,000 | £50,091 | £259,091 |
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 | 29.251 % | £61,135 | £270,135 |
| 3 Month Average | 14.893 % | £31,127 | £240,127 |
| 6 Month Average | 16.177 % | £33,809 | £242,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £265,861 | £260,000 | 32 FRESHWATER ROAD |
| 30 Jun 2023 | £259,704 | £254,500 | 49 FRESHWATER ROAD |
| 1 Feb 2023 | £337,253 | £335,000 | 7A MONTGOMERY AVENUE |
| 9 Sep 2022 | £264,323 | £264,500 | 80 FRESHWATER ROAD |
| 4 Jul 2022 | £305,057 | £302,000 | 66 FRESHWATER ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Oct 2018. Using an estimated price of £259,092 means this house is valued at £3,084 per sq meter (£286 per sq foot).
The average size of a house on CHURCHILL AVENUE is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Freshwater Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Freshwater Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Freshwater Road |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Freshwater Road |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Freshwater Road |