£435,133
This estimated value is based upon the latest sale price for the house of £249,995 on 28 Sep 2011. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £249,995 | 28 Sep 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,322 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 2011 the House Price Index for MEDWAY was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £249,995 results in an estimated price of approximately £435,133.
| 28 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £249,995 | £185,138 | £435,133 |
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 | 94.066 % | £235,159 | £485,154 |
| 3 Month Average | 75.902 % | £189,750 | £439,745 |
| 6 Month Average | 86.479 % | £216,193 | £466,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £450,000 | £450,000 | 43 TUDOR GROVE |
| 14 Mar 2024 | £319,915 | £315,000 | 97 BROADVIEW AVENUE |
| 25 Oct 2023 | £383,715 | £375,000 | 5 SUNNYFIELDS CLOSE |
| 29 Sep 2023 | £490,820 | £480,000 | 13 TUDOR GROVE |
| 23 Jun 2023 | £408,180 | £400,000 | 70 BROADVIEW AVENUE |
This house has a floor area of 122 sq meters or 1,322 sq feet when measured on 15 Dec 2010. Using an estimated price of £435,133 means this house is valued at £3,541 per sq meter (£329 per sq foot).
The average size of a house on BROADVIEW AVENUE is 116 sq meters (1,258 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Silverdale Drive |
| Oct 2024 | Other crime | Under investigation | On or near Hurst Place |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Hurst Place |
| Oct 2024 | Anti-social behaviour | On or near Hurst Place | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hurst Place |