£256,945
This estimated value is based upon the latest sale price for the house of £220,000 on 30 Nov 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £220,000 | 30 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 November 2020 the House Price Index for MEDWAY was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £220,000 results in an estimated price of approximately £256,945.
| 30 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £220,000 | £36,945 | £256,945 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | -0.126 % | £-276 | £219,723 |
| 3 Month Average | -0.538 % | £-1,184 | £218,815 |
| 6 Month Average | 6.623 % | £14,571 | £234,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Aug 2024 | £235,000 | £235,000 | 35 CASTLEMAINE AVENUE |
| 9 Aug 2023 | £252,555 | £248,000 | 2 COURT LODGE ROAD |
| 3 Aug 2023 | £361,520 | £355,000 | 85 CASTLEMAINE AVENUE |
| 23 Feb 2023 | £332,219 | £330,000 | 114 GRANGE ROAD |
| 27 Jan 2023 | £250,670 | £250,000 | 10 COURT LODGE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 16 Jul 2020. Using an estimated price of £256,946 means this house is valued at £3,252 per sq meter (£302 per sq foot).
The average size of a house on CASTLEMAINE AVENUE is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Castlemaine Avenue |
| Sep 2024 | Anti-social behaviour | On or near Castlemaine Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Castlemaine Avenue | |
| Oct 2024 | Other crime | Under investigation | On or near Carrington Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Bluebell Close |