£135,826
This estimated value is based upon the latest sale price for the house of £80,000 on 11 Oct 2012. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £80,000 | 11 Oct 2012 |
| £55,000 | 26 Nov 2009 |
| £95,000 | 2 Feb 2007 |
| £36,000 | 10 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 October 2012 the House Price Index for MEDWAY was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £80,000 results in an estimated price of approximately £135,826.
| 11 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £80,000 | £55,826 | £135,826 |
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 | 33.369 % | £26,695 | £106,695 |
| 3 Month Average | 21.032 % | £16,825 | £96,825 |
| 6 Month Average | 62.305 % | £49,843 | £129,843 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £332,912 | £330,000 | 2A CONNAUGHT ROAD |
| 8 Jun 2023 | £250,535 | £247,500 | 286 LUTON ROAD |
| 11 May 2022 | £107,016 | £105,000 | 20 CONNAUGHT MEWS |
| 21 Feb 2022 | £262,174 | £250,000 | 1 CONNAUGHT ROAD |
| 10 Feb 2022 | £243,297 | £232,000 | 2 CONNAUGHT ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 9 May 2012. Using an estimated price of £135,826 means this house is valued at £1,597 per sq meter (£148 per sq foot).
The average size of a house on LUTON ROAD is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Connaught Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Connaught Road |
| Mar 2024 | Other theft | Under investigation | On or near Connaught Road |
| Mar 2024 | Other crime | Further investigation is not in the public interest | On or near Connaught Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Connaught Road |