£190,711
This estimated value is based upon the latest sale price for the house of £155,000 on 15 Mar 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£155,000 | 15 Mar 2019 |
£110,000 | 30 Nov 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 585 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 March 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £155,000 results in an estimated price of approximately £190,711.
15 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.0 | 23.040 % | £155,000 | £35,711 | £190,711 |
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 | 68.434 % | £106,073 | £261,073 |
3 Month Average | 2.557 % | £3,963 | £158,963 |
6 Month Average | 22.178 % | £34,375 | £189,375 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Oct 2022 | £197,071 | £200,000 | 22 TIMBER BANK |
20 May 2022 | £177,641 | £175,000 | 4 TIMBER BANK |
2 Dec 2021 | £250,757 | £235,000 | 6 TIMBER BANK |
19 Nov 2021 | £239,127 | £222,000 | 6 HERITAGE ROAD |
11 Nov 2021 | £242,358 | £225,000 | 24 HERITAGE ROAD |
This house has a floor area of 54 sq meters or 585 sq feet when measured on 10 Feb 2009. Using an estimated price of £190,712 means this house is valued at £3,505 per sq meter (£325 per sq foot).
The average size of a house on MOUNTBATTEN AVENUE is 82 sq meters (891 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Malta Avenue |
Mar 2024 | Other crime | Unable to prosecute suspect | On or near Malta Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malta Avenue |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Silver Bank |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silver Bank |