£210,997
This estimated value is based upon the latest sale price for the house of £129,500 on 30 Mar 2007. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £129,500 | 30 Mar 2007 |
| £46,250 | 1 May 1998 |
| Semi-Detached |
| Freehold |
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 March 2007 the House Price Index for MEDWAY was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £129,500 results in an estimated price of approximately £210,997.
| 30 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £129,500 | £81,497 | £210,997 |
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 | 107.232 % | £138,866 | £268,366 |
| 3 Month Average | 94.656 % | £122,578 | £252,078 |
| 6 Month Average | 83.119 % | £107,639 | £237,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £235,000 | £235,000 | 78 MADDEN AVENUE |
| 15 Dec 2023 | £297,130 | £288,000 | 107 MADDEN AVENUE |
| 3 Nov 2023 | £289,909 | £282,550 | 75 MADDEN AVENUE |
| 15 Sep 2023 | £286,311 | £280,000 | 64 BARBERRY AVENUE |
| 25 Aug 2023 | £264,775 | £260,000 | 59 MADDEN AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Barberry Avenue |
| Aug 2024 | Drugs | Investigation complete; no suspect identified | On or near Barberry Avenue |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Hook Close |
| Oct 2024 | Anti-social behaviour | On or near Hill View Way | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Crossway |