£248,121
This estimated value is based upon the latest sale price for the house of £170,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£170,000 | 15 May 2015 |
£140,000 | 23 Dec 2009 |
£105,000 | 4 Jun 2003 |
£46,500 | 30 Jun 1997 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 May 2015 the House Price Index for MEDWAY was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £170,000 results in an estimated price of approximately £248,121.
15 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £170,000 | £78,121 | £248,121 |
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 | 5.459 % | £9,279 | £179,279 |
3 Month Average | 24.015 % | £40,826 | £210,826 |
6 Month Average | 59.241 % | £100,709 | £270,709 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Jul 2022 | £227,613 | £227,000 | 225 LUTON ROAD |
7 Dec 2021 | £166,063 | £155,000 | 235B LUTON ROAD |
1 Oct 2021 | £370,670 | £335,000 | 212 LUTON ROAD |
22 Jan 2021 | £202,584 | £177,500 | 47 CONSTITUTION ROAD |
22 Dec 2020 | £122,805 | £107,000 | 200A LUTON ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 13 Mar 2014. Using an estimated price of £248,122 means this house is valued at £2,157 per sq meter (£200 per sq foot).
The average size of a house on CONSTITUTION ROAD is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Robbery | Under investigation | On or near Ocelot Court |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ocelot Court |
Jan 2024 | Anti-social behaviour | On or near Ocelot Court | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ocelot Court |
Jan 2024 | Anti-social behaviour | On or near Ocelot Court |