£292,673
This estimated value is based upon the latest sale price for the house of £240,000 on 8 Feb 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £240,000 | 8 Feb 2019 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.947%.Applying this 21.947% change to the original purchase price of £240,000 results in an estimated price of approximately £292,673.
| 8 Feb 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.947 % | £240,000 | £52,673 | £292,673 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | -17.141 % | £-41,137 | £198,862 |
| 3 Month Average | 3.065 % | £7,357 | £247,357 |
| 6 Month Average | 6.225 % | £14,940 | £254,940 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 May 2018.
The average size of a house on ELAINE AVENUE is 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Awaiting court outcome | On or near St Francis Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Francis Close |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near St Francis Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near St Francis Close |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near St Francis Close |