£156,450
This estimated value is based upon the latest sale price for the house of £44,000 on 5 Feb 2001. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £44,000 | 5 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 February 2001 the House Price Index for MEDWAY was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £44,000 results in an estimated price of approximately £156,450.
| 5 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 149.7 | 255.570 % | £44,000 | £112,450 | £156,450 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 211.959 % | £93,261 | £137,261 |
| 3 Month Average | 219.670 % | £96,654 | £140,654 |
| 6 Month Average | 246.343 % | £108,391 | £152,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £264,775 | £260,000 | 90 THOROLD ROAD |
| 17 Apr 2023 | £168,145 | £165,000 | 101 THOROLD ROAD |
| 31 Mar 2023 | £188,142 | £185,000 | 93 THOROLD ROAD |
| 14 Mar 2023 | £254,246 | £250,000 | 132 LUTON ROAD |
| 27 Jan 2023 | £381,018 | £380,000 | 97 LUTON ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 23 Apr 2019. Using an estimated price of £156,451 means this house is valued at £1,819 per sq meter (£169 per sq foot).
The average size of a house on LUTON ROAD is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Short Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Street |
| Oct 2024 | Anti-social behaviour | On or near Short Street | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Street |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Short Street |