£414,129
This estimated value is based upon the latest sale price for the house of £405,000 on 1 Sep 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £405,000 | 1 Sep 2023 |
| £330,000 | 30 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 September 2023 the House Price Index for MEDWAY was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £405,000 results in an estimated price of approximately £414,129.
| 1 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £405,000 | £9,129 | £414,129 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 4.599 % | £18,624 | £423,624 |
| 3 Month Average | 0.868 % | £3,513 | £408,513 |
| 6 Month Average | -0.754 % | £-3,052 | £401,947 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £325,501 | £320,500 | 6 HAWTHORNE AVENUE |
| 15 Dec 2023 | £296,614 | £287,500 | 19 HAWTHORNE AVENUE |
| 12 Dec 2023 | £319,828 | £310,000 | 19 DETLING CLOSE |
| 1 Sep 2023 | £414,129 | £405,000 | 6 CALDEW AVENUE |
| 18 Aug 2023 | £677,214 | £665,000 | 263 LONDON ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 17 Apr 2018. Using an estimated price of £414,129 means this house is valued at £3,509 per sq meter (£326 per sq foot).
The average size of a house on CALDEW AVENUE is 103 sq meters (1,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Caldew Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Caldew Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Caldew Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Elizabeth Court | |
| Aug 2024 | Anti-social behaviour | On or near Elizabeth Court |