£382,931
This estimated value is based upon the latest sale price for the house of £335,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £335,000 | 11 Dec 2020 |
| £190,000 | 27 Nov 2009 |
| £140,000 | 15 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 December 2020 the House Price Index for MEDWAY was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £335,000 results in an estimated price of approximately £382,931.
| 11 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £335,000 | £47,931 | £382,931 |
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 | 40.853 % | £136,857 | £471,857 |
| 3 Month Average | -6.965 % | £-23,331 | £311,668 |
| 6 Month Average | 11.067 % | £37,073 | £372,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £275,207 | £270,000 | 40 WETHERAL DRIVE |
| 7 Nov 2023 | £430,527 | £425,000 | 70 PRINCE CHARLES AVENUE |
| 1 Jun 2023 | £297,411 | £295,000 | 11 SUN TERRACE |
| 28 Apr 2023 | £302,246 | £300,000 | 47 PRINCE CHARLES AVENUE |
| 18 Aug 2022 | £337,718 | £340,000 | 57 PRINCE CHARLES AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 13 Aug 2019. Using an estimated price of £382,932 means this house is valued at £4,030 per sq meter (£374 per sq foot).
The average size of a house on PRINCE CHARLES AVENUE is 121 sq meters (1,312 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Broadlands Drive |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Broadlands Drive |
| Apr 2024 | Anti-social behaviour | On or near Wetheral Drive | |
| Feb 2024 | Anti-social behaviour | On or near Wetheral Drive | |
| Feb 2024 | Anti-social behaviour | On or near Wetheral Drive |