£451,445
This estimated value is based upon the latest sale price for the house of £307,500 on 26 Mar 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Montrose Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £307,500 | 26 Mar 2015 |
| £293,000 | 29 Jun 2007 |
| £149,500 | 24 Jan 2003 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 March 2015 the House Price Index for MEDWAY was 100.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 46.812%.Applying this 46.812% change to the original purchase price of £307,500 results in an estimated price of approximately £451,445.
| 26 Mar 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.0 | 46.812 % | £307,500 | £143,945 | £451,445 |
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 | 104.690 % | £321,920 | £629,420 |
| 3 Month Average | 39.600 % | £121,769 | £429,269 |
| 6 Month Average | 65.540 % | £201,536 | £509,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2022 | £382,416 | £385,000 | 29 MONTROSE AVENUE |
| 25 Mar 2022 | £381,869 | £370,000 | 46 MONTROSE AVENUE |
| 8 Feb 2022 | £360,339 | £345,000 | 55 BEECHWOOD AVENUE |
| 4 Feb 2022 | £360,339 | £345,000 | 58 MONTROSE AVENUE |
| 28 Jan 2022 | £309,207 | £295,000 | 42 HUNTERS WAY WEST |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 27 Mar 2014. Using an estimated price of £451,446 means this house is valued at £4,654 per sq meter (£432 per sq foot).
The average size of a house on MONTROSE AVENUE is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Montrose Avenue |
| Apr 2024 | Other theft | Under investigation | On or near Montrose Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kingsway |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kingsway |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Heathland View |