£271,363
This estimated value is based upon the latest sale price for the house of £145,000 on 18 Feb 2005. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £145,000 | 18 Feb 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 856 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 2005 the House Price Index for MEDWAY was 79.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 87.147%.Applying this 87.147% change to the original purchase price of £145,000 results in an estimated price of approximately £271,363.
| 18 Feb 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 148.6 | 87.147 % | £145,000 | £126,363 | £271,363 |
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 | 57.072 % | £82,755 | £227,755 |
| 3 Month Average | 69.439 % | £100,686 | £245,686 |
| 6 Month Average | 112.791 % | £163,546 | £308,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £329,884 | £325,000 | 1 AMETHYST AVENUE |
| 18 Sep 2023 | £238,044 | £235,000 | 21 MADDEN AVENUE |
| 29 Jun 2023 | £389,721 | £385,000 | 7 MADDEN AVENUE |
| 27 Jan 2023 | £240,865 | £242,000 | 105 CONCORD AVENUE |
| 3 May 2022 | £275,185 | £270,000 | 44 AMETHYST AVENUE |
This house has a floor area of 79 sq meters or 856 sq feet when measured on 18 Oct 2010. Using an estimated price of £271,364 means this house is valued at £3,409 per sq meter (£316 per sq foot).
The average size of a house on CONCORD AVENUE is 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Concord Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hurst Close |
| Mar 2024 | Anti-social behaviour | On or near Hurst Close | |
| Feb 2024 | Public order | Under investigation | On or near Hurst Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hurst Close |