£234,874
This estimated value is based upon the latest sale price for the house of £127,000 on 7 May 2009. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £127,000 | 7 May 2009 |
| £91,000 | 7 Nov 2008 |
| £141,000 | 8 Dec 2006 |
| £75,500 | 29 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2009 the House Price Index for MEDWAY was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £127,000 results in an estimated price of approximately £234,874.
| 7 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £127,000 | £107,874 | £234,874 |
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 | 44.155 % | £56,076 | £183,076 |
| 3 Month Average | 67.117 % | £85,239 | £212,239 |
| 6 Month Average | 105.625 % | £134,144 | £261,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £304,508 | £300,000 | 240 CHURCHILL AVENUE |
| 13 Sep 2023 | £343,391 | £339,000 | 53 ARNHEM DRIVE |
| 31 Aug 2023 | £319,798 | £317,000 | 10 ARNHEM DRIVE |
| 27 Jan 2023 | £343,382 | £345,000 | 61 TOBRUK WAY |
| 10 Oct 2022 | £197,870 | £200,000 | 22 TIMBER BANK |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 13 Jan 2015. Using an estimated price of £234,874 means this house is valued at £2,864 per sq meter (£266 per sq foot).
The average size of a house on CHURCHILL AVENUE is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Timberbank |
| Mar 2024 | Public order | Under investigation | On or near Timberbank |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Timberbank |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Timberbank |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Timberbank |