£254,372
This estimated value is based upon the latest sale price for the house of £163,000 on 8 Feb 2008. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£163,000 | 8 Feb 2008 |
£137,000 | 21 Dec 2004 |
£48,000 | 6 Sep 1995 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 February 2008 the House Price Index for MEDWAY was 94.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 56.057%.Applying this 56.057% change to the original purchase price of £163,000 results in an estimated price of approximately £254,372.
8 Feb 2008 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 148.0 | 56.057 % | £163,000 | £91,372 | £254,372 |
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 | 114.986 % | £187,426 | £350,426 |
3 Month Average | 47.555 % | £77,515 | £240,515 |
6 Month Average | 76.803 % | £125,188 | £288,188 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £293,554 | £288,000 | 107 MADDEN AVENUE |
3 Nov 2023 | £286,225 | £282,550 | 75 MADDEN AVENUE |
25 Aug 2023 | £261,591 | £260,000 | 59 MADDEN AVENUE |
27 Jan 2023 | £287,475 | £290,000 | 77 BARBERRY AVENUE |
10 Aug 2022 | £312,886 | £315,000 | 44 MADDEN AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 25 Aug 2020. Using an estimated price of £254,372 means this house is valued at £3,391 per sq meter (£315 per sq foot).
The average size of a house on BARBERRY AVENUE is 76 sq meters (823 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Barberry Avenue |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barberry Avenue |
Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Barberry Avenue |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near West Drive |
Mar 2024 | Anti-social behaviour | On or near Field Close |