£203,434
This estimated value is based upon the latest sale price for the house of £110,000 on 8 May 2009. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £110,000 | 8 May 2009 |
| £79,000 | 25 Apr 2002 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 714 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 2009 the House Price Index for MEDWAY was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £110,000 results in an estimated price of approximately £203,434.
| 8 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £110,000 | £93,434 | £203,434 |
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 | 44.155 % | £48,570 | £158,570 |
| 3 Month Average | 67.117 % | £73,829 | £183,829 |
| 6 Month Average | 105.625 % | £116,187 | £226,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £269,719 | £265,000 | 14 MAYWEED AVENUE |
| 27 Sep 2023 | £344,404 | £340,000 | 2 LARKSPUR ROAD |
| 31 Aug 2023 | £221,942 | £220,000 | 1 HONEYSUCKLE CLOSE |
| 22 Jul 2022 | £280,756 | £280,000 | 23 GENTIAN CLOSE |
| 14 Apr 2022 | £288,344 | £280,000 | 44 SPEEDWELL AVENUE |
This house has a floor area of 66 sq meters or 714 sq feet when measured on 22 Mar 2012. Using an estimated price of £203,434 means this house is valued at £3,062 per sq meter (£284 per sq foot).
The average size of a house on HONEYSUCKLE CLOSE is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Mayweed Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mayweed Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mayweed Avenue |
| Jan 2024 | Public order | Local resolution | On or near Mayweed Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larkspur Road |