£142,548
This estimated value is based upon the latest sale price for the house of £107,500 on 24 Aug 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £107,500 | 24 Aug 2016 |
| £69,000 | 25 Aug 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 August 2016 the House Price Index for MEDWAY was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.603%.Applying this 32.603% change to the original purchase price of £107,500 results in an estimated price of approximately £142,548.
| 24 Aug 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.603 % | £107,500 | £35,048 | £142,548 |
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 | 62.735 % | £67,440 | £174,940 |
| 3 Month Average | 5.538 % | £5,953 | £113,453 |
| 6 Month Average | 29.588 % | £31,807 | £139,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £273,664 | £272,000 | 12 BARRINGTON CLOSE |
| 15 Jun 2023 | £241,962 | £240,000 | 186 WALDERSLADE ROAD |
| 13 Jan 2023 | £237,910 | £240,000 | 20 BARRINGTON CLOSE |
| 20 Jul 2022 | £339,541 | £340,000 | 198 WALDERSLADE ROAD |
| 29 Apr 2022 | £294,359 | £287,000 | 22 BARRINGTON CLOSE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 4 May 2016. Using an estimated price of £142,548 means this house is valued at £3,032 per sq meter (£281 per sq foot).
The average size of a house on GORSE AVENUE is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Heather Close | |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Heather Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Heather Close |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Heather Close |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Heather Close |