£341,618
This estimated value is based upon the latest sale price for the house of £83,000 on 15 Nov 1999. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £83,000 | 15 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 November 1999 the House Price Index for MEDWAY was 36.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 311.588%.Applying this 311.588% change to the original purchase price of £83,000 results in an estimated price of approximately £341,618.
| 15 Nov 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 149.7 | 311.588 % | £83,000 | £258,618 | £341,618 |
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 | 255.226 % | £211,837 | £294,837 |
| 3 Month Average | 295.438 % | £245,213 | £328,213 |
| 6 Month Average | 303.277 % | £251,720 | £334,720 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £306,135 | £300,000 | 77 DERWENT WAY |
| 24 Mar 2023 | £177,972 | £175,000 | FLAT 4 66 - 68 SALISBURY AVENUE |
| 6 Feb 2023 | £135,908 | £135,000 | 13 DERWENT WAY |
| 28 Feb 2022 | £612,745 | £580,000 | 29 SALISBURY AVENUE |
| 13 Dec 2021 | £282,779 | £262,000 | 8 HENLEY CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 25 Apr 2014. Using an estimated price of £341,618 means this house is valued at £3,838 per sq meter (£356 per sq foot).
The average size of a house on SALISBURY AVENUE is 116 sq meters (1,254 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Salisbury Avenue |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Oldfield Close |
| Apr 2024 | Anti-social behaviour | On or near Oldfield Close | |
| Apr 2024 | Anti-social behaviour | On or near Oldfield Close | |
| Apr 2024 | Anti-social behaviour | On or near Oldfield Close |