£275,116
This estimated value is based upon the latest sale price for the house of £218,000 on 10 Oct 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £218,000 | 10 Oct 2017 |
| £99,500 | 22 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,093 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 October 2017 the House Price Index for MEDWAY was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £218,000 results in an estimated price of approximately £275,116.
| 10 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £218,000 | £57,116 | £275,116 |
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 | 47.727 % | £104,043 | £322,043 |
| 3 Month Average | 1.646 % | £3,587 | £221,587 |
| 6 Month Average | 24.598 % | £53,623 | £271,623 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £188,295 | £185,000 | 14 LUTON HIGH STREET |
| 28 Jul 2023 | £85,146 | £84,000 | FLAT B 58 CORONATION ROAD |
| 21 Jul 2023 | £304,093 | £300,000 | 102 BEACON ROAD |
| 24 Aug 2022 | £257,806 | £258,500 | 193 BEACON ROAD |
| 15 Jul 2022 | £262,707 | £262,000 | 7 LUTON HIGH STREET |
This house has a floor area of 101 sq meters or 1,093 sq feet when measured on 6 Jun 2011. Using an estimated price of £275,116 means this house is valued at £2,708 per sq meter (£251 per sq foot).
The average size of a house on UPPER LUTON ROAD is 74 sq meters (805 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Church Hill |
| Mar 2024 | Anti-social behaviour | On or near Church Hill | |
| Feb 2024 | Anti-social behaviour | On or near Church Hill | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Hill |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Hill |