£244,164
This estimated value is based upon the latest sale price for the house of £162,500 on 19 Dec 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £162,500 | 19 Dec 2014 |
| £147,000 | 25 Aug 2005 |
| £59,995 | 3 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 December 2014 the House Price Index for MEDWAY was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £162,500 results in an estimated price of approximately £244,164.
| 19 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £162,500 | £81,664 | £244,164 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 49.555 % | £80,526 | £243,026 |
| 3 Month Average | 39.311 % | £63,880 | £226,380 |
| 6 Month Average | 47.192 % | £76,687 | £239,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £189,921 | £185,100 | 30 PORT RISE |
| 18 Aug 2023 | £208,765 | £205,000 | 18 PORT RISE |
| 3 Mar 2023 | £264,416 | £260,000 | 53 WESTMOUNT AVENUE |
| 30 Nov 2022 | £95,553 | £96,000 | 5 SILVER HILL GARDENS |
| 23 Mar 2022 | £173,293 | £166,000 | 28 PORT RISE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 7 Apr 2011. Using an estimated price of £244,165 means this house is valued at £2,941 per sq meter (£273 per sq foot).
The average size of a house on WESTMOUNT AVENUE is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Parking Area |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Westmount Avenue |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westmount Avenue |