£400,748
This estimated value is based upon the latest sale price for the house of £232,500 on 1 Dec 2011. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £232,500 | 1 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 940 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 2011 the House Price Index for MEDWAY was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £232,500 results in an estimated price of approximately £400,748.
| 1 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £232,500 | £168,248 | £400,748 |
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 | 30.588 % | £71,116 | £303,616 |
| 3 Month Average | 53.204 % | £123,699 | £356,199 |
| 6 Month Average | 90.247 % | £209,823 | £442,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £228,381 | £225,000 | 35 SCOTBY AVENUE |
| 29 Sep 2023 | £249,693 | £246,500 | 27 BRENZETT CLOSE |
| 22 Sep 2023 | £243,108 | £240,000 | 37 PRINCE CHARLES AVENUE |
| 22 Sep 2023 | £197,526 | £195,000 | 16 WETHERAL DRIVE |
| 24 Jul 2023 | £172,319 | £170,000 | 20 WETHERAL DRIVE |
This house has a floor area of 87 sq meters or 940 sq feet when measured on 5 Jun 2010. Using an estimated price of £400,748 means this house is valued at £4,584 per sq meter (£425 per sq foot).
The average size of a house on SCOTBY AVENUE is 87 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Scotby Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Scotby Avenue |
| Dec 2023 | Other crime | Under investigation | On or near Scotby Avenue |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Bilsington Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Bilsington Close |