£377,627
This estimated value is based upon the latest sale price for the house of £310,000 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £310,000 | 3 Jul 2020 |
| £200,000 | 18 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 July 2020 the House Price Index for MEDWAY was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £310,000 results in an estimated price of approximately £377,627.
| 3 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £310,000 | £67,627 | £377,627 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | -18.769 % | £-58,183 | £251,816 |
| 3 Month Average | 8.892 % | £27,564 | £337,564 |
| 6 Month Average | 9.374 % | £29,059 | £339,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £319,915 | £315,000 | 97 BROADVIEW AVENUE |
| 25 Oct 2023 | £383,715 | £375,000 | 5 SUNNYFIELDS CLOSE |
| 23 Jun 2023 | £408,180 | £400,000 | 70 BROADVIEW AVENUE |
| 12 Jan 2023 | £451,206 | £450,000 | 75 BROADVIEW AVENUE |
| 15 Nov 2022 | £413,068 | £415,000 | 78 BROADVIEW AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 28 Apr 2014. Using an estimated price of £377,628 means this house is valued at £4,968 per sq meter (£461 per sq foot).
The average size of a house on SILVERDALE DRIVE is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Silverdale Drive |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Silverdale Drive |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Silverdale Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The Crofters |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crofters |