£376,761
This estimated value is based upon the latest sale price for the house of £375,000 on 25 Aug 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £375,000 | 25 Aug 2022 |
| £239,000 | 2 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 August 2022 the House Price Index for MEDWAY was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £375,000 results in an estimated price of approximately £376,761.
| 25 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £375,000 | £1,761 | £376,761 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 13.383 % | £50,187 | £425,187 |
| 3 Month Average | 8.253 % | £30,949 | £405,949 |
| 6 Month Average | -0.736 % | £-2,758 | £372,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £376,571 | £365,000 | 40 GRAFTON AVENUE |
| 4 Dec 2023 | £340,462 | £330,000 | 255 WILSON AVENUE |
| 10 Mar 2023 | £539,001 | £530,000 | 231 WILSON AVENUE |
| 25 Aug 2022 | £376,762 | £375,000 | 6 WILSON AVENUE |
| 19 Aug 2022 | £379,776 | £378,000 | 11 BEATTY ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 6 Feb 2015. Using an estimated price of £376,762 means this house is valued at £3,844 per sq meter (£357 per sq foot).
The average size of a house on WILSON AVENUE is 95 sq meters (1,031 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Wilson Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Wilson Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Grafton Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Grafton Avenue | |
| Aug 2024 | Drugs | Unable to prosecute suspect | On or near Grafton Avenue |