£182,688
This estimated value is based upon the latest sale price for the house of £175,000 on 24 Mar 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £175,000 | 24 Mar 2022 |
| £105,000 | 12 Aug 2008 |
| £67,500 | 10 May 2002 |
| £32,000 | 29 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 March 2022 the House Price Index for MEDWAY was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £175,000 results in an estimated price of approximately £182,688.
| 24 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £175,000 | £7,688 | £182,688 |
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 | 11.871 % | £20,774 | £195,774 |
| 3 Month Average | -1.744 % | £-3,052 | £171,947 |
| 6 Month Average | 3.761 % | £6,581 | £181,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £194,416 | £190,000 | 9 WHITEHORSE HILL |
| 2 Aug 2023 | £198,582 | £195,000 | 5 WHITEHORSE HILL |
| 14 Mar 2023 | £254,246 | £250,000 | 132 LUTON ROAD |
| 7 Sep 2022 | £174,883 | £175,000 | 152 THOROLD ROAD |
| 24 Mar 2022 | £182,688 | £175,000 | 158 THOROLD ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 16 Dec 2021. Using an estimated price of £182,688 means this house is valued at £2,502 per sq meter (£232 per sq foot).
The average size of a house on THOROLD ROAD is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Constitution Hill |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Constitution Hill |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Constitution Hill |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Constitution Hill |
| Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Whitehorse Hill |