£288,986
This estimated value is based upon the latest sale price for the house of £95,000 on 28 Mar 2002. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £95,000 | 28 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2002 the House Price Index for MEDWAY was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £95,000 results in an estimated price of approximately £288,986.
| 28 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 149.7 | 204.197 % | £95,000 | £193,986 | £288,986 |
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 | 262.626 % | £249,494 | £344,494 |
| 3 Month Average | 203.965 % | £193,766 | £288,766 |
| 6 Month Average | 217.244 % | £206,381 | £301,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £206,796 | £205,000 | 37 ARNHEM DRIVE |
| 29 Nov 2023 | £307,814 | £300,000 | 240 CHURCHILL AVENUE |
| 13 Sep 2023 | £346,641 | £339,000 | 53 ARNHEM DRIVE |
| 31 Aug 2023 | £322,822 | £317,000 | 10 ARNHEM DRIVE |
| 27 Jan 2023 | £345,924 | £345,000 | 61 TOBRUK WAY |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 29 Jul 2019. Using an estimated price of £288,987 means this house is valued at £2,778 per sq meter (£258 per sq foot).
The average size of a house on CHURCHILL AVENUE is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Timberbank |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Timberbank |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Timberbank |
| Jun 2024 | Possession of weapons | Under investigation | On or near Timberbank |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Timberbank |