£252,559
This estimated value is based upon the latest sale price for the house of £250,000 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 24 Jun 2022 |
| £128,000 | 23 Sep 2011 |
| £45,000 | 29 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 June 2022 the House Price Index for MEDWAY was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £250,000 results in an estimated price of approximately £252,559.
| 24 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.0 | 1.024 % | £250,000 | £2,559 | £252,559 |
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 | 25.175 % | £62,937 | £312,937 |
| 3 Month Average | -13.904 % | £-34,760 | £215,239 |
| 6 Month Average | -0.174 % | £-434 | £249,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £284,693 | £282,000 | 139 CHURCHILL AVENUE |
| 30 Jun 2023 | £256,580 | £254,500 | 49 FRESHWATER ROAD |
| 9 Sep 2022 | £261,322 | £264,500 | 80 FRESHWATER ROAD |
| 4 Jul 2022 | £301,592 | £302,000 | 66 FRESHWATER ROAD |
| 24 Jun 2022 | £252,560 | £250,000 | 45 FRESHWATER ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 22 Jun 2021. Using an estimated price of £252,560 means this house is valued at £4,592 per sq meter (£426 per sq foot).
The average size of a house on FRESHWATER ROAD is 62 sq meters (674 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Unable to prosecute suspect | On or near Freshwater Road |
| Apr 2024 | Drugs | Unable to prosecute suspect | On or near Freshwater Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Freshwater Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Freshwater Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Freshwater Road |