£380,314
This estimated value is based upon the latest sale price for the house of £365,000 on 28 Oct 2024. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£365,000 | 28 Oct 2024 |
£305,000 | 21 Sep 2018 |
£188,000 | 5 Sep 2013 |
£165,000 | 31 Jul 2009 |
Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 2024 the House Price Index for MEDWAY was 100.1.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 4.196%.Applying this 4.196% change to the original purchase price of £365,000 results in an estimated price of approximately £380,314.
28 Oct 2024 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.1 | 104.3 | 4.196 % | £365,000 | £15,314 | £380,314 |
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 | -7.342 % | £-26,797 | £338,202 |
3 Month Average | 1.267 % | £4,625 | £369,625 |
6 Month Average | 1.759 % | £6,421 | £371,421 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2024 | £330,129 | £320,000 | 25 WATSON AVENUE |
28 Oct 2024 | £380,315 | £365,000 | 35 WATSON AVENUE |
14 Oct 2024 | £328,217 | £315,000 | 76 BINLAND GROVE |
2 Sep 2024 | £236,092 | £225,000 | 77 WATSON AVENUE |
23 Aug 2024 | £241,581 | £230,000 | 75 WATSON AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 26 Sep 2019. Using an estimated price of £380,315 means this house is valued at £6,036 per sq meter (£560 per sq foot).
The average size of a house on WATSON AVENUE is 103 sq meters (1,114 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Binland Grove |
Jan 2025 | Vehicle crime | Unable to prosecute suspect | On or near Binland Grove |
Mar 2025 | Anti-social behaviour | On or near Hill View Way | |
Mar 2025 | Anti-social behaviour | On or near Hill View Way | |
Jan 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hill View Way |