£313,517
This estimated value is based upon the latest sale price for the house of £315,000 on 24 Feb 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £315,000 | 24 Feb 2023 |
| £235,000 | 29 Mar 2016 |
| £150,000 | 11 Feb 2011 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 921 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 February 2023 the House Price Index for MEDWAY was 148.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.471%.Applying this -0.471% change to the original purchase price of £315,000 results in an estimated price of approximately £313,517.
| 24 Feb 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.0 | -0.471 % | £315,000 | £-1,482 | £313,517 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | -10.562 % | £-33,271 | £281,728 |
| 3 Month Average | 3.265 % | £10,283 | £325,283 |
| 6 Month Average | -2.115 % | £-6,663 | £308,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £310,014 | £307,500 | 98 PORT RISE |
| 3 Mar 2023 | £261,413 | £260,000 | 53 WESTMOUNT AVENUE |
| 24 Feb 2023 | £313,517 | £315,000 | 7 WESTMOUNT AVENUE |
| 28 Apr 2022 | £102,564 | £100,000 | 11 BERKELEY MOUNT |
| 21 Jul 2021 | £125,909 | £110,000 | 10 BERKELEY MOUNT |
This house has a floor area of 85 sq meters or 921 sq feet when measured on 7 May 2010. Using an estimated price of £313,517 means this house is valued at £3,662 per sq meter (£340 per sq foot).
The average size of a house on WESTMOUNT AVENUE is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Westmount Avenue |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Westmount Avenue |
| Apr 2024 | Possession of weapons | Unable to prosecute suspect | On or near Old Road |
| Apr 2024 | Public order | Under investigation | On or near Old Road |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Old Road |