£232,241
This estimated value is based upon the latest sale price for the house of £105,000 on 3 Nov 2003. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £105,000 | 3 Nov 2003 |
| £63,950 | 3 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 46 sq meters or 495 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 2003 the House Price Index for MEDWAY was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £105,000 results in an estimated price of approximately £232,241.
| 3 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £105,000 | £127,241 | £232,241 |
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 | 58.495 % | £61,419 | £166,419 |
| 3 Month Average | 87.135 % | £91,491 | £196,491 |
| 6 Month Average | 131.648 % | £138,230 | £243,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £146,000 | £146,000 | 64 CONSTITUTION ROAD |
| 19 Dec 2023 | £234,096 | £230,000 | 97 CONSTITUTION ROAD |
| 8 Jun 2023 | £250,535 | £247,500 | 286 LUTON ROAD |
| 17 Mar 2023 | £232,188 | £230,000 | 38 UPPER LUTON ROAD |
| 24 Oct 2022 | £166,210 | £168,000 | 129 CONSTITUTION ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 4 Aug 2016. Using an estimated price of £232,242 means this house is valued at £5,048 per sq meter (£469 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near York Hill |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near York Hill |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near York Hill |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near York Hill |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near York Hill |