£290,529
This estimated value is based upon the latest sale price for the house of £172,000 on 10 Oct 2006. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £172,000 | 10 Oct 2006 |
| £144,000 | 12 Dec 2003 |
| 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 October 2006 the House Price Index for MEDWAY was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £172,000 results in an estimated price of approximately £290,529.
| 10 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £172,000 | £118,529 | £290,529 |
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 | 34.530 % | £59,391 | £231,391 |
| 3 Month Average | 51.841 % | £89,166 | £261,166 |
| 6 Month Average | 87.643 % | £150,746 | £322,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £314,658 | £310,000 | 53 HURSTWOOD |
| 23 Jun 2023 | £318,862 | £315,000 | 55 HURSTWOOD |
| 30 Jan 2023 | £265,748 | £267,000 | 4 HOOK CLOSE |
| 19 Aug 2022 | £319,390 | £320,250 | 91 KING GEORGE ROAD |
| 27 Jul 2022 | £381,026 | £380,000 | 1A BRAKE AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 18 Nov 2013. Using an estimated price of £290,529 means this house is valued at £3,543 per sq meter (£329 per sq foot).
The average size of a house on BRAKE AVENUE is 171 sq meters (1,844 sq feet).
This house is the smallest in the street with a floor area of 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Brake Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King George Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near King George Road |
| Jan 2024 | Anti-social behaviour | On or near King George Road | |
| Jan 2024 | Anti-social behaviour | On or near King George Road |