£190,461
This estimated value is based upon the latest sale price for the house of £150,000 on 10 Jul 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near Stalin Avenue
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| Price Paid | Date |
|---|---|
| £150,000 | 10 Jul 2017 |
| £102,500 | 5 Dec 2006 |
| £52,500 | 31 Jan 2003 |
| 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 July 2017 the House Price Index for MEDWAY was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £150,000 results in an estimated price of approximately £190,461.
| 10 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £150,000 | £40,461 | £190,461 |
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 | 65.666 % | £98,498 | £248,498 |
| 3 Month Average | 5.900 % | £8,850 | £158,850 |
| 6 Month Average | 27.922 % | £41,883 | £191,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £228,389 | £227,000 | 68 WAYFIELD ROAD |
| 28 Jul 2023 | £353,342 | £350,000 | 34 LIMETREE CLOSE |
| 10 Jul 2023 | £330,123 | £327,000 | 4 CHURCHILL AVENUE |
| 6 Jul 2023 | £323,056 | £320,000 | 12 MONTGOMERY AVENUE |
| 6 Jul 2023 | £383,629 | £380,000 | 12 LIMETREE CLOSE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 3 Apr 2017. Using an estimated price of £190,461 means this house is valued at £4,052 per sq meter (£376 per sq foot).
The average size of a house on CHURCHILL AVENUE is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Stalin Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stalin Avenue |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Stalin Avenue |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Stalin Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stalin Avenue |