£151,983
This estimated value is based upon the latest sale price for the house of £145,000 on 21 Jan 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £145,000 | 21 Jan 2022 |
| £68,000 | 12 Jan 2006 |
| £23,995 | 29 Sep 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 January 2022 the House Price Index for MEDWAY was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £145,000 results in an estimated price of approximately £151,983.
| 21 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £145,000 | £6,983 | £151,983 |
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 | 11.139 % | £16,151 | £161,151 |
| 3 Month Average | 16.760 % | £24,301 | £169,301 |
| 6 Month Average | 8.913 % | £12,924 | £157,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £200,575 | £198,000 | 33 FIRST AVENUE |
| 21 Jun 2023 | £292,371 | £290,000 | 9 FIRST AVENUE |
| 16 Jun 2023 | £211,717 | £210,000 | 348 LUTON ROAD |
| 19 Apr 2023 | £534,976 | £531,000 | 413 LUTON ROAD |
| 13 Apr 2023 | £181,348 | £180,000 | 214 UPPER LUTON ROAD |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 19 Jun 2017. Using an estimated price of £151,983 means this house is valued at £3,706 per sq meter (£344 per sq foot).
The average size of a house on LUTON ROAD is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ambrose Hill |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ambrose Hill |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ambrose Hill |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Ambrose Hill |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ambrose Hill |