£230,389
This estimated value is based upon the latest sale price for the house of £135,000 on 23 Jul 2010. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£135,000 | 23 Jul 2010 |
£134,000 | 16 Feb 2007 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 946 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 2010 the House Price Index for MEDWAY was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £135,000 results in an estimated price of approximately £230,389.
23 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.659 % | £135,000 | £95,389 | £230,389 |
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 | 111.739 % | £150,848 | £285,848 |
3 Month Average | 88.579 % | £119,581 | £254,581 |
6 Month Average | 83.080 % | £112,158 | £247,158 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £273,401 | £265,000 | 14 MAYWEED AVENUE |
6 Oct 2023 | £230,229 | £225,000 | 11 GENTIAN CLOSE |
31 Aug 2023 | £224,041 | £220,000 | 1 HONEYSUCKLE CLOSE |
23 Jun 2023 | £298,992 | £293,000 | 57 YARROW ROAD |
22 Jul 2022 | £282,834 | £280,000 | 23 GENTIAN CLOSE |
This house has a floor area of 87 sq meters or 946 sq feet when measured on 17 Apr 2010. Using an estimated price of £230,390 means this house is valued at £2,619 per sq meter (£243 per sq foot).
The average size of a house on SPEEDWELL AVENUE is 84 sq meters (908 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other crime | Unable to prosecute suspect | On or near Pimpernel Way |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pimpernel Way |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Pimpernel Way |
Aug 2024 | Anti-social behaviour | On or near Pimpernel Way | |
Aug 2024 | Anti-social behaviour | On or near Pimpernel Way |