£269,442
This estimated value is based upon the latest sale price for the house of £228,000 on 19 Oct 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £228,000 | 19 Oct 2020 |
| £212,500 | 14 Dec 2018 |
| £185,100 | 31 Mar 2017 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 October 2020 the House Price Index for MEDWAY was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £228,000 results in an estimated price of approximately £269,442.
| 19 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £228,000 | £41,442 | £269,442 |
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 | 29.939 % | £68,261 | £296,261 |
| 3 Month Average | 17.938 % | £40,899 | £268,899 |
| 6 Month Average | 11.775 % | £26,846 | £254,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £273,401 | £265,000 | 14 MAYWEED AVENUE |
| 27 Sep 2023 | £347,664 | £340,000 | 2 LARKSPUR ROAD |
| 31 Aug 2023 | £224,041 | £220,000 | 1 HONEYSUCKLE CLOSE |
| 14 Apr 2022 | £290,478 | £280,000 | 44 SPEEDWELL AVENUE |
| 11 Mar 2022 | £231,753 | £222,000 | 9 SEDGE CRESCENT |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 31 Jan 2017. Using an estimated price of £269,443 means this house is valued at £4,021 per sq meter (£373 per sq foot).
The average size of a house on MAYWEED AVENUE is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayweed Avenue |
| Oct 2024 | Anti-social behaviour | On or near Larkspur Road | |
| Oct 2024 | Other theft | Under investigation | On or near Larkspur Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Larkspur Road |
| Sep 2024 | Burglary | Under investigation | On or near Larkspur Road |