£248,599
This estimated value is based upon the latest sale price for the house of £230,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £230,000 | 29 Jun 2021 |
| £146,500 | 30 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2021 the House Price Index for MEDWAY was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £230,000 results in an estimated price of approximately £248,599.
| 29 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £230,000 | £18,599 | £248,599 |
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 | 3.448 % | £7,930 | £237,930 |
| 3 Month Average | -10.765 % | £-24,760 | £205,239 |
| 6 Month Average | -10.811 % | £-24,864 | £205,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £307,814 | £300,000 | 240 CHURCHILL AVENUE |
| 17 Nov 2023 | £307,814 | £300,000 | 25 DUNKIRK DRIVE |
| 4 Oct 2023 | £306,972 | £300,000 | 50 BURMA WAY |
| 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 70 sq meters or 753 sq feet when measured on 9 May 2013. Using an estimated price of £248,599 means this house is valued at £3,551 per sq meter (£329 per sq foot).
The average size of a house on CHURCHILL AVENUE is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tobruk Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tobruk Way |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Tobruk Way |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Burma Way |
| Jul 2024 | Anti-social behaviour | On or near Burma Way |