£196,517
This estimated value is based upon the latest sale price for the house of £43,750 on 16 Apr 1999. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£43,750 | 16 Apr 1999 |
£43,000 | 5 Dec 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 1999 the House Price Index for MEDWAY was 33.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 349.184%.Applying this 349.184% change to the original purchase price of £43,750 results in an estimated price of approximately £196,517.
16 Apr 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.3 | 149.7 | 349.184 % | £43,750 | £152,767 | £196,517 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 314.872 % | £137,756 | £181,506 |
3 Month Average | 323.681 % | £141,610 | £185,360 |
6 Month Average | 373.488 % | £163,400 | £207,150 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jun 2024 | £250,000 | £250,000 | 1 BLENHEIM AVENUE |
3 Aug 2023 | £137,480 | £135,000 | 2 SEMPLE GARDENS |
20 Jan 2023 | £163,537 | £163,100 | 34 SEMPLE GARDENS |
28 Nov 2021 | £185,218 | £170,000 | 10 SEMPLE GARDENS |
6 Oct 2021 | £289,814 | £260,000 | 41 GROSVENOR AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 7 Jul 2021. Using an estimated price of £196,518 means this house is valued at £3,573 per sq meter (£331 per sq foot).
The average size of a house on SEMPLE GARDENS is 55 sq meters (593 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Semple Gardens |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Semple Gardens |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Semple Gardens |
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mozart Court |
Oct 2024 | Public order | Unable to prosecute suspect | On or near Mozart Court |