£553,764
This estimated value is based upon the latest sale price for the house of £445,000 on 16 Feb 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £445,000 | 16 Feb 2018 |
| £320,000 | 7 Mar 2008 |
| £68,000 | 9 Jan 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 2018 the House Price Index for MEDWAY was 118.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.442%.Applying this 24.442% change to the original purchase price of £445,000 results in an estimated price of approximately £553,764.
| 16 Feb 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.0 | 24.442 % | £445,000 | £108,764 | £553,764 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 34.144 % | £151,939 | £596,939 |
| 3 Month Average | 64.203 % | £285,704 | £730,704 |
| 6 Month Average | 26.003 % | £115,713 | £560,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £346,556 | £340,000 | 17 HORSTED AVENUE |
| 19 Jun 2023 | £730,926 | £725,000 | 196 MAIDSTONE ROAD |
| 28 Feb 2023 | £154,270 | £155,000 | FLAT 4 RANDALL COURT RANDALL ROAD |
| 2 Sep 2022 | £691,589 | £700,000 | 204 MAIDSTONE ROAD |
| 16 Mar 2022 | £345,746 | £335,000 | 38 HORSTED AVENUE |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 22 Jul 2014. Using an estimated price of £553,765 means this house is valued at £3,335 per sq meter (£309 per sq foot).
The average size of a house on CORNWALLIS AVENUE is 157 sq meters (1,695 sq feet).
This house is the largest in the street with a floor area of 166 sq meters (1,786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Horsted Avenue |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Petrol Station |