£432,616
This estimated value is based upon the latest sale price for the house of £285,100 on 11 Jun 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £285,100 | 11 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 2014 the House Price Index for MEDWAY was 96.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 51.742%.Applying this 51.742% change to the original purchase price of £285,100 results in an estimated price of approximately £432,616.
| 11 Jun 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 146.7 | 51.742 % | £285,100 | £147,516 | £432,616 |
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 | 25.338 % | £72,238 | £357,338 |
| 3 Month Average | 42.491 % | £121,141 | £406,241 |
| 6 Month Average | 68.385 % | £194,965 | £480,065 |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 20 Feb 2014.
The average size of a house on FIRST AVENUE is 122 sq meters (1,316 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near First Avenue |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Watling Street |
| Mar 2024 | Anti-social behaviour | On or near Watling Street | |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Watling Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watling Street |