£489,632
This estimated value is based upon the latest sale price for the house of £410,000 on 17 Aug 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £410,000 | 17 Aug 2020 |
| £400,000 | 11 Nov 2016 |
| £237,000 | 1 Sep 2004 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2020 the House Price Index for MEDWAY was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £410,000 results in an estimated price of approximately £489,632.
| 17 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £410,000 | £79,632 | £489,632 |
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 | 38.050 % | £156,007 | £566,007 |
| 3 Month Average | -7.189 % | £-29,473 | £380,526 |
| 6 Month Average | 14.894 % | £61,065 | £471,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £353,651 | £351,500 | 21 SHERWOOD AVENUE |
| 23 Jun 2023 | £362,943 | £360,000 | 7 SHERWOOD AVENUE |
| 23 May 2022 | £426,337 | £420,000 | 17 POLHILL DRIVE |
| 22 Apr 2022 | £320,000 | £312,000 | 25 SHERWOOD AVENUE |
| 31 Mar 2022 | £76,374 | £74,000 | 37 ROBIN HOOD LANE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 6 May 2014. Using an estimated price of £489,632 means this house is valued at £5,047 per sq meter (£468 per sq foot).
The average size of a house on SHERWOOD AVENUE is 119 sq meters (1,285 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheriff Drive |
| Jan 2024 | Anti-social behaviour | On or near The Glade | |
| Jan 2024 | Anti-social behaviour | On or near The Glade | |
| Jan 2024 | Anti-social behaviour | On or near The Glade | |
| Jan 2024 | Anti-social behaviour | On or near The Glade |