£280,173
This estimated value is based upon the latest sale price for the house of £113,500 on 7 Feb 2003. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £113,500 | 7 Feb 2003 |
| £54,995 | 25 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2003 the House Price Index for MEDWAY was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £113,500 results in an estimated price of approximately £280,173.
| 7 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 149.7 | 146.849 % | £113,500 | £166,673 | £280,173 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 127.700 % | £144,939 | £258,439 |
| 3 Month Average | 146.738 % | £166,548 | £280,048 |
| 6 Month Average | 132.667 % | £150,577 | £264,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2024 | £270,000 | £270,000 | 2 JASPER AVENUE |
| 24 Jun 2024 | £315,000 | £315,000 | 11 JASPER AVENUE |
| 3 May 2024 | £343,000 | £343,000 | 21 DORRIT WAY |
| 26 Mar 2024 | £278,275 | £274,000 | 8 WELLER AVENUE |
| 17 Oct 2023 | £306,972 | £300,000 | 25 CARTON CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 11 Oct 2017. Using an estimated price of £280,174 means this house is valued at £4,447 per sq meter (£413 per sq foot).
The average size of a house on WELLER AVENUE is 70 sq meters (758 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Weller Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carton Close |
| Aug 2024 | Anti-social behaviour | On or near Jasper Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Jasper Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Jasper Avenue |