£156,281
This estimated value is based upon the latest sale price for the house of £127,000 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£127,000 | 23 Aug 2019 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 613 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 2019 the House Price Index for MEDWAY was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £127,000 results in an estimated price of approximately £156,281.
23 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £127,000 | £29,281 | £156,281 |
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 | 46.285 % | £58,781 | £185,781 |
3 Month Average | 1.081 % | £1,373 | £128,373 |
6 Month Average | 23.239 % | £29,513 | £156,513 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £258,479 | £255,000 | 167 CONSTITUTION ROAD |
8 Jun 2023 | £250,535 | £247,500 | 286 LUTON ROAD |
30 Mar 2023 | £166,569 | £165,000 | 70 UPPER LUTON ROAD |
8 Sep 2022 | £193,438 | £195,000 | 195 CONSTITUTION ROAD |
22 Apr 2022 | £208,534 | £202,500 | 178 UPPER LUTON ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 1 Nov 2018. Using an estimated price of £156,282 means this house is valued at £2,741 per sq meter (£254 per sq foot).
The average size of a house on CONSTITUTION ROAD is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Luton Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Upper Luton Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Upper Luton Road |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Upper Luton Road |
Feb 2024 | Drugs | Awaiting court outcome | On or near Upper Luton Road |