£1,192,504
This estimated value is based upon the latest sale price for the house of £250,000 on 21 Apr 1998. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£250,000 | 21 Apr 1998 |
Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 April 1998 the House Price Index for MEDWAY was 31.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 377.002%.Applying this 377.002% change to the original purchase price of £250,000 results in an estimated price of approximately £1,192,504.
21 Apr 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.4 | 149.7 | 377.002 % | £250,000 | £942,504 | £1,192,504 |
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 | 341.586 % | £853,964 | £1,103,964 |
3 Month Average | 438.215 % | £1,095,537 | £1,345,537 |
6 Month Average | 404.997 % | £1,012,492 | £1,262,492 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £492,502 | £480,000 | 90 WILSON AVENUE |
28 Apr 2023 | £392,338 | £385,000 | 86 WILSON AVENUE |
6 Apr 2023 | £728,628 | £715,000 | 254 MAIDSTONE ROAD |
14 Jan 2022 | £424,079 | £400,000 | 15 WILSON AVENUE |
23 Mar 2020 | £351,872 | £290,000 | 130 PATTENS LANE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 8 Nov 2013. Using an estimated price of £1,192,505 means this house is valued at £13,250 per sq meter (£1,230 per sq foot).
The average size of a house on WILSON AVENUE is 95 sq meters (1,031 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Downer Court |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Downer Court |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Downer Court |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jackson Avenue |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jackson Avenue |