£451,205
This estimated value is based upon the latest sale price for the house of £450,000 on 12 Jan 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £450,000 | 12 Jan 2023 |
| £195,000 | 27 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 January 2023 the House Price Index for MEDWAY was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £450,000 results in an estimated price of approximately £451,205.
| 12 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £450,000 | £1,205 | £451,205 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | -17.775 % | £-79,988 | £370,011 |
| 3 Month Average | -9.428 % | £-42,426 | £407,573 |
| 6 Month Average | -7.759 % | £-34,915 | £415,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £319,915 | £315,000 | 97 BROADVIEW AVENUE |
| 25 Oct 2023 | £383,715 | £375,000 | 5 SUNNYFIELDS CLOSE |
| 19 Oct 2023 | £460,458 | £450,000 | 11 TUDOR GROVE |
| 29 Sep 2023 | £490,820 | £480,000 | 13 TUDOR GROVE |
| 23 Jun 2023 | £408,180 | £400,000 | 70 BROADVIEW AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 24 Jun 2015. Using an estimated price of £451,206 means this house is valued at £6,266 per sq meter (£582 per sq foot).
The average size of a house on BROADVIEW AVENUE is 116 sq meters (1,258 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tudor Grove |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadview Avenue |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Silverdale Drive |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Silverdale Drive |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Silverdale Drive |