£580,632
This estimated value is based upon the latest sale price for the house of £470,000 on 15 Mar 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £470,000 | 15 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £470,000 results in an estimated price of approximately £580,632.
| 15 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £470,000 | £110,632 | £580,632 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 10.171 % | £47,802 | £517,802 |
| 3 Month Average | 3.380 % | £15,885 | £485,885 |
| 6 Month Average | 22.449 % | £105,508 | £575,508 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £610,685 | £600,000 | 80 KINGSWAY |
| 5 Dec 2023 | £135,369 | £133,000 | 1 HERITAGE DRIVE |
| 20 Mar 2023 | £393,709 | £390,000 | 33 HERITAGE DRIVE |
| 28 Mar 2022 | £575,126 | £555,000 | 2 AUDLEY AVENUE |
| 11 Feb 2022 | £388,017 | £370,000 | 20 AUDLEY AVENUE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 29 May 2018. Using an estimated price of £580,632 means this house is valued at £3,628 per sq meter (£337 per sq foot).
The average size of a house on DARLAND AVENUE is 123 sq meters (1,324 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Audley Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Embassy Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Embassy Close |
| Feb 2024 | Anti-social behaviour | On or near Embassy Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Embassy Close |