£252,871
This estimated value is based upon the latest sale price for the house of £225,000 on 9 Aug 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £225,000 | 9 Aug 2021 |
| £192,000 | 16 Oct 2015 |
| £152,500 | 22 Aug 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 August 2021 the House Price Index for MEDWAY was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £225,000 results in an estimated price of approximately £252,871.
| 9 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £225,000 | £27,871 | £252,871 |
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 | 22.384 % | £50,364 | £275,364 |
| 3 Month Average | -10.586 % | £-23,817 | £201,182 |
| 6 Month Average | -10.150 % | £-22,837 | £202,162 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £237,291 | £230,000 | 97 CONSTITUTION ROAD |
| 30 Mar 2023 | £167,802 | £165,000 | 70 UPPER LUTON ROAD |
| 17 Mar 2023 | £233,906 | £230,000 | 38 UPPER LUTON ROAD |
| 24 Oct 2022 | £167,441 | £168,000 | 129 CONSTITUTION ROAD |
| 22 Apr 2022 | £210,078 | £202,500 | 178 UPPER LUTON ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 15 Sep 2014. Using an estimated price of £252,872 means this house is valued at £2,748 per sq meter (£255 per sq foot).
The average size of a house on UPPER LUTON ROAD is 74 sq meters (805 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Constitution Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Upper Luton Road |
| Jul 2024 | Public order | Under investigation | On or near Upper Luton Road |
| Jul 2024 | Anti-social behaviour | On or near Constitution Road | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Constitution Road |