£260,973
This estimated value is based upon the latest sale price for the house of £150,000 on 23 May 2011. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Abinger Drive
More crime details
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| Price Paid | Date |
|---|---|
| £150,000 | 23 May 2011 |
| £165,000 | 18 Dec 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 929 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 May 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 73.982%.Applying this 73.982% change to the original purchase price of £150,000 results in an estimated price of approximately £260,973.
| 23 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £150,000 | £110,973 | £260,973 |
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 | 126.704 % | £190,056 | £340,056 |
| 3 Month Average | 89.618 % | £134,426 | £284,426 |
| 6 Month Average | 81.843 % | £122,763 | £272,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £120,000 | £120,000 | 41 TATLER CLOSE |
| 19 Mar 2024 | £264,057 | £260,000 | 24 ABINGER DRIVE |
| 30 Oct 2023 | £279,856 | £273,500 | 19 ABINGER DRIVE |
| 19 Oct 2023 | £276,275 | £270,000 | 48 ABINGER DRIVE |
| 31 Aug 2023 | £290,235 | £285,000 | 51 ABINGER DRIVE |
This house has a floor area of 86 sq meters or 929 sq feet when measured on 2 Oct 2009. Using an estimated price of £260,973 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on ABINGER DRIVE is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Abinger Drive |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Abinger Drive |
| May 2024 | Anti-social behaviour | On or near Rudge Close | |
| May 2024 | Anti-social behaviour | On or near Rudge Close | |
| May 2024 | Drugs | Unable to prosecute suspect | On or near Rudge Close |