£306,833
This estimated value is based upon the latest sale price for the house of £250,000 on 16 Oct 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 16 Oct 2018 |
| £200,000 | 31 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2018 the House Price Index for MEDWAY was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.733%.Applying this 22.733% change to the original purchase price of £250,000 results in an estimated price of approximately £306,833.
| 16 Oct 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.733 % | £250,000 | £56,833 | £306,833 |
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 | 48.689 % | £121,722 | £371,722 |
| 3 Month Average | -1.297 % | £-3,242 | £246,757 |
| 6 Month Average | 20.340 % | £50,851 | £300,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £346,169 | £345,000 | 27 WOOLWICH CLOSE |
| 31 Aug 2023 | £321,958 | £320,000 | 110 CHURCHILL AVENUE |
| 8 Mar 2023 | £522,826 | £520,000 | 10 WOOLWICH CLOSE |
| 30 Jun 2022 | £338,430 | £335,000 | 154 WAYFIELD ROAD |
| 14 Jan 2022 | £314,448 | £300,000 | 4 MOUNTBATTEN AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 3 Jan 2017. Using an estimated price of £306,833 means this house is valued at £3,788 per sq meter (£351 per sq foot).
The average size of a house on MOUNTBATTEN AVENUE is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mountbatten Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mountbatten Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wayfield Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wayfield Road |
| Mar 2024 | Anti-social behaviour | On or near Wayfield Road |