£234,950
This estimated value is based upon the latest sale price for the house of £185,000 on 6 Nov 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £185,000 | 6 Nov 2017 |
| £115,000 | 20 Jun 2008 |
| £83,450 | 1 May 2003 |
| £53,995 | 6 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2017 the House Price Index for MEDWAY was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £185,000 results in an estimated price of approximately £234,950.
| 6 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £185,000 | £49,950 | £234,950 |
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 | 31.237 % | £57,789 | £242,789 |
| 3 Month Average | 10.351 % | £19,148 | £204,148 |
| 6 Month Average | 15.554 % | £28,774 | £213,774 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £190,865 | £185,000 | 41 CORONATION ROAD |
| 28 Apr 2023 | £249,670 | £245,000 | 72 BEACON ROAD |
| 13 Apr 2023 | £183,431 | £180,000 | 214 UPPER LUTON ROAD |
| 23 Jan 2023 | £245,656 | £245,000 | 111 UPPER LUTON ROAD |
| 12 Sep 2022 | £229,846 | £230,000 | 1 CORONATION ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 1 Mar 2016. Using an estimated price of £234,950 means this house is valued at £3,614 per sq meter (£335 per sq foot).
The average size of a house on CORONATION ROAD is 69 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Coronation Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coronation Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coronation Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coronation Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coronation Road |