£268,011
This estimated value is based upon the latest sale price for the house of £217,500 on 18 May 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £217,500 | 18 May 2020 |
| £175,000 | 27 Jun 2016 |
| £95,000 | 18 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2020 the House Price Index for MEDWAY was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £217,500 results in an estimated price of approximately £268,011.
| 18 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £217,500 | £50,511 | £268,011 |
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 | 39.787 % | £86,535 | £304,035 |
| 3 Month Average | 34.142 % | £74,258 | £291,758 |
| 6 Month Average | 18.065 % | £39,291 | £256,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £201,752 | £200,000 | 57 INGRAM ROAD |
| 18 Oct 2023 | £157,579 | £154,000 | 15 INGRAM ROAD |
| 4 Aug 2023 | £200,618 | £197,000 | 9 INGRAM ROAD |
| 5 Apr 2023 | £203,812 | £200,000 | 50 RAILWAY STREET |
| 29 Mar 2023 | £223,736 | £220,000 | 13 SPRINGFIELD ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 21 Jan 2014. Using an estimated price of £268,011 means this house is valued at £3,480 per sq meter (£323 per sq foot).
The average size of a house on CAVENDISH AVENUE is 82 sq meters (885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ingram Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ingram Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Ingram Road |
| Jun 2024 | Anti-social behaviour | On or near Ingram Road | |
| Jun 2024 | Anti-social behaviour | On or near Ingram Road |