£301,823
This estimated value is based upon the latest sale price for the house of £242,500 on 19 Jun 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £242,500 | 19 Jun 2019 |
| £210,000 | 27 May 2016 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 June 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £242,500 results in an estimated price of approximately £301,823.
| 19 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £242,500 | £59,323 | £301,823 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | 3.378 % | £8,191 | £250,691 |
| 3 Month Average | 11.586 % | £28,096 | £270,596 |
| 6 Month Average | 15.099 % | £36,614 | £279,114 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Aug 2024 | £235,000 | £235,000 | 35 CASTLEMAINE AVENUE |
| 23 Feb 2023 | £332,219 | £330,000 | 114 GRANGE ROAD |
| 27 Jan 2023 | £250,670 | £250,000 | 10 COURT LODGE ROAD |
| 28 Jan 2022 | £318,059 | £300,000 | 94 CASTLEMAINE AVENUE |
| 14 Dec 2021 | £266,589 | £247,000 | 138 GRANGE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 Oct 2015. Using an estimated price of £301,823 means this house is valued at £4,024 per sq meter (£373 per sq foot).
The average size of a house on CASTLEMAINE AVENUE is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Bluebell Close |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Castlemaine Avenue |
| Sep 2024 | Anti-social behaviour | On or near Castlemaine Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Castlemaine Avenue | |
| Oct 2024 | Other crime | Under investigation | On or near Carrington Close |