£216,559
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Aug 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£130,000 | 30 Aug 2013 |
£118,500 | 17 Jan 2003 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 684 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 August 2013 the House Price Index for MEDWAY was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £130,000 results in an estimated price of approximately £216,559.
30 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 149.7 | 66.584 % | £130,000 | £86,559 | £216,559 |
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 | 104.145 % | £135,387 | £265,387 |
3 Month Average | 75.820 % | £98,565 | £228,565 |
6 Month Average | 81.438 % | £105,869 | £235,869 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jun 2024 | £440,000 | £440,000 | 117 SNODHURST AVENUE |
3 Nov 2023 | £289,909 | £282,550 | 75 MADDEN AVENUE |
18 Sep 2023 | £240,297 | £235,000 | 21 MADDEN AVENUE |
25 Aug 2023 | £264,775 | £260,000 | 59 MADDEN AVENUE |
29 Jun 2023 | £392,873 | £385,000 | 7 MADDEN AVENUE |
This house has a floor area of 63 sq meters or 684 sq feet when measured on 8 Mar 2011. Using an estimated price of £216,559 means this house is valued at £3,405 per sq meter (£316 per sq foot).
The average size of a house on CONCORD AVENUE is 72 sq meters (775 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Concord Avenue |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Concord Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barberry Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barberry Avenue |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barberry Avenue |