£287,095
This estimated value is based upon the latest sale price for the house of £266,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £266,000 | 3 Dec 2021 |
| £191,000 | 1 Jun 2016 |
| £49,500 | 22 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 841 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 December 2021 the House Price Index for MEDWAY was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £266,000 results in an estimated price of approximately £287,095.
| 3 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £266,000 | £21,095 | £287,095 |
The Postcode Pricing Model uses changes in average sales price within the ME7 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 | -56.867 % | £-151,267 | £114,732 |
| 3 Month Average | -13.243 % | £-35,226 | £230,773 |
| 6 Month Average | 2.046 % | £5,441 | £271,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £213,857 | £212,000 | 15 ELM ROAD |
| 18 Mar 2024 | £213,277 | £210,000 | 11 PORTLAND ROAD |
| 19 Dec 2023 | £244,513 | £237,000 | 32 PORTLAND ROAD |
| 1 Dec 2023 | £237,291 | £230,000 | 8 PORTLAND ROAD |
| 30 Oct 2023 | £258,368 | £252,500 | 46 PORTLAND ROAD |
This house has a floor area of 78 sq meters or 841 sq feet when measured on 18 Mar 2011. Using an estimated price of £287,096 means this house is valued at £3,673 per sq meter (£341 per sq foot).
The average size of a house on CAVENDISH AVENUE is 82 sq meters (885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Cavendish Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Avenue |
| Jul 2024 | Anti-social behaviour | On or near Cavendish Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Cavendish Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Cavendish Avenue |