£155,500
This estimated value is based upon the latest sale price for the house of £90,000 on 5 Sep 2011. 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 |
|---|---|
| £90,000 | 5 Sep 2011 |
| £89,000 | 12 Feb 2004 |
| £39,995 | 31 Mar 2000 |
| Flats/Maisonettes |
| Leasehold |
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 September 2011 the House Price Index for MEDWAY was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £90,000 results in an estimated price of approximately £155,500.
| 5 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £90,000 | £65,500 | £155,500 |
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 | 34.520 % | £31,067 | £121,067 |
| 3 Month Average | 58.774 % | £52,896 | £142,896 |
| 6 Month Average | 100.474 % | £90,426 | £180,426 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £229,003 | £227,000 | 68 WAYFIELD ROAD |
| 28 Jul 2023 | £354,775 | £350,000 | 34 LIMETREE CLOSE |
| 10 Jul 2023 | £331,461 | £327,000 | 4 CHURCHILL AVENUE |
| 6 Jul 2023 | £385,184 | £380,000 | 12 LIMETREE CLOSE |
| 6 Jul 2023 | £324,366 | £320,000 | 12 MONTGOMERY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Stalin Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stalin Avenue |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Stalin Avenue |
| Mar 2024 | Anti-social behaviour | On or near Stalin Avenue | |
| Feb 2024 | Other crime | Local resolution | On or near Stalin Avenue |