£177,096
This estimated value is based upon the latest sale price for the house of £49,750 on 22 Jun 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£49,750 | 22 Jun 2001 |
Terraced |
Freehold |
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 June 2001 the House Price Index for MEDWAY was 29.3.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 255.973%.Applying this 255.973% change to the original purchase price of £49,750 results in an estimated price of approximately £177,096.
22 Jun 2001 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.3 | 104.3 | 255.973 % | £49,750 | £127,346 | £177,096 |
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 | 267.155 % | £132,909 | £182,659 |
3 Month Average | 289.634 % | £144,093 | £193,843 |
6 Month Average | 276.853 % | £137,734 | £187,484 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Feb 2025 | £233,583 | £230,000 | 317 LUTON ROAD |
31 May 2023 | £206,692 | £195,000 | 323 LUTON ROAD |
30 Mar 2023 | £174,362 | £165,000 | 70 UPPER LUTON ROAD |
17 Oct 2022 | £195,108 | £188,000 | 302 LUTON ROAD |
8 Sep 2022 | £202,979 | £195,000 | 195 CONSTITUTION ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 8 Feb 2018. Using an estimated price of £177,096 means this house is valued at £3,768 per sq meter (£350 per sq foot).
The average size of a house on CONSTITUTION ROAD is 76 sq meters (818 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Criminal damage and arson | Unable to prosecute suspect | On or near Upper Luton Road |
Mar 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Upper Luton Road |
Mar 2025 | Other theft | Under investigation | On or near Upper Luton Road |
Jan 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Upper Luton Road |
Mar 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ambrose Hill |