£360,040
This estimated value is based upon the latest sale price for the house of £195,000 on 3 Feb 2009. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £195,000 | 3 Feb 2009 |
| £118,995 | 16 Feb 2001 |
| £59,995 | 28 Apr 1995 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2009 the House Price Index for MEDWAY was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.636%.Applying this 84.636% change to the original purchase price of £195,000 results in an estimated price of approximately £360,040.
| 3 Feb 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.636 % | £195,000 | £165,040 | £360,040 |
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 | 41.605 % | £81,129 | £276,129 |
| 3 Month Average | 70.343 % | £137,168 | £332,168 |
| 6 Month Average | 107.798 % | £210,205 | £405,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jan 2023 | £1,393,436 | £1,400,000 | HUNTERS COTTAGE, 4 HUNTERS WAY WEST |
| 25 Mar 2022 | £383,417 | £370,000 | 46 MONTROSE AVENUE |
| 8 Feb 2022 | £361,800 | £345,000 | 55 BEECHWOOD AVENUE |
| 4 Feb 2022 | £361,800 | £345,000 | 58 MONTROSE AVENUE |
| 28 Jan 2022 | £310,460 | £295,000 | 42 HUNTERS WAY WEST |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 23 Dec 2013. Using an estimated price of £360,040 means this house is valued at £3,711 per sq meter (£344 per sq foot).
The average size of a house on HUNTERS WAY WEST is 150 sq meters (1,614 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hunters Way West |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heathland View |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Heathland View |
| Feb 2024 | Anti-social behaviour | On or near Heathland View | |
| Feb 2024 | Anti-social behaviour | On or near Heathland View |