£370,473
This estimated value is based upon the latest sale price for the house of £297,500 on 10 May 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £297,500 | 10 May 2019 |
| £119,000 | 13 Nov 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2019 the House Price Index for MEDWAY was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £297,500 results in an estimated price of approximately £370,473.
| 10 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £297,500 | £72,973 | £370,473 |
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 | 30.022 % | £89,315 | £386,815 |
| 3 Month Average | 23.438 % | £69,726 | £367,226 |
| 6 Month Average | 19.265 % | £57,312 | £354,812 |
| 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 66 sq meters or 710 sq feet when measured on 2 Jul 2012. Using an estimated price of £370,473 means this house is valued at £5,613 per sq meter (£521 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 |