£282,964
This estimated value is based upon the latest sale price for the house of £230,000 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £230,000 | 15 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.028%.Applying this 23.028% change to the original purchase price of £230,000 results in an estimated price of approximately £282,964.
| 15 Feb 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.028 % | £230,000 | £52,964 | £282,964 |
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 | 45.101 % | £103,732 | £333,732 |
| 3 Month Average | -0.966 % | £-2,221 | £227,778 |
| 6 Month Average | 21.827 % | £50,202 | £280,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £326,988 | £325,000 | 27 BRENDON AVENUE |
| 17 Jul 2023 | £361,419 | £358,000 | 21 BRENDON AVENUE |
| 16 Jun 2023 | £267,166 | £265,000 | 3 BRENDON AVENUE |
| 17 Mar 2023 | £226,223 | £225,000 | 131 SUNDRIDGE DRIVE |
| 4 Jul 2022 | £299,595 | £300,000 | 11 HILLBOROUGH GROVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 28 Jun 2018. Using an estimated price of £282,965 means this house is valued at £3,674 per sq meter (£341 per sq foot).
The average size of a house on SUNDRIDGE DRIVE is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Southbourne Grove | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southbourne Grove |
| Mar 2024 | Anti-social behaviour | On or near Southbourne Grove | |
| Mar 2024 | Anti-social behaviour | On or near Southbourne Grove | |
| Mar 2024 | Anti-social behaviour | On or near Southbourne Grove |