£381,534
This estimated value is based upon the latest sale price for the house of £223,000 on 21 Jun 2011. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £223,000 | 21 Jun 2011 |
| £229,995 | 3 Aug 2007 |
| £71,000 | 28 Feb 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,286 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 June 2011 the House Price Index for MEDWAY was 85.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 71.092%.Applying this 71.092% change to the original purchase price of £223,000 results in an estimated price of approximately £381,534.
| 21 Jun 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 146.7 | 71.092 % | £223,000 | £158,534 | £381,534 |
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 | 53.579 % | £119,480 | £342,480 |
| 3 Month Average | 71.467 % | £159,370 | £382,370 |
| 6 Month Average | 96.799 % | £215,861 | £438,861 |
This house has a floor area of 119 sq meters or 1,286 sq feet when measured on 27 Jul 2009.
The average size of a house on CHESTNUT AVENUE is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Repton Way | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Repton Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakhurst Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakhurst Close |