£558,444
This estimated value is based upon the latest sale price for the house of £330,000 on 30 Nov 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £330,000 | 30 Nov 2012 |
| Detached |
| Freehold |
| Floor Area: 171 sq meters or 1,845 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 November 2012 the House Price Index for MEDWAY was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £330,000 results in an estimated price of approximately £558,444.
| 30 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £330,000 | £228,444 | £558,444 |
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 | 28.215 % | £93,107 | £423,107 |
| 3 Month Average | 49.650 % | £163,843 | £493,843 |
| 6 Month Average | 87.084 % | £287,375 | £617,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £73,945 | £73,000 | 24 EDWARD COURT |
| 14 Apr 2023 | £119,284 | £118,000 | 17 EDWARD COURT |
| 31 Jan 2023 | £243,851 | £245,000 | THE BARN REAR OF HEN & CHICKS LUTON HIGH STREET |
| 12 Aug 2022 | £229,383 | £230,000 | 19 SETTINGTON AVENUE |
| 23 Jun 2022 | £91,290 | £90,000 | 25 EDWARD COURT |
This house has a floor area of 171 sq meters or 1,845 sq feet when measured on 7 Jun 2011. Using an estimated price of £558,444 means this house is valued at £3,257 per sq meter (£302 per sq foot).
The average size of a house on STREET END ROAD is 78 sq meters (842 sq feet).
This house is the largest in the street with a floor area of 171 sq meters (1,845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
| Feb 2024 | Robbery | Under investigation | On or near Third Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Tramways |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Tramways |