£180,007
This estimated value is based upon the latest sale price for the house of £145,000 on 8 Oct 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
There has been one burglary within the last year on or near The Hamiltons
More crime details
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| Price Paid | Date |
|---|---|
| £145,000 | 8 Oct 2018 |
| £120,000 | 4 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2018 the House Price Index for MEDWAY was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £145,000 results in an estimated price of approximately £180,007.
| 8 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £145,000 | £35,007 | £180,007 |
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 | 31.375 % | £45,494 | £190,494 |
| 3 Month Average | 12.190 % | £17,675 | £162,675 |
| 6 Month Average | 13.444 % | £19,494 | £164,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £237,291 | £230,000 | 97 CONSTITUTION ROAD |
| 30 Nov 2023 | £266,772 | £260,000 | 22 UPPER LUTON ROAD |
| 8 Sep 2023 | £383,453 | £375,000 | 1 THE HAMILTONS |
| 1 Sep 2023 | £224,959 | £220,000 | 58 UPPER LUTON ROAD |
| 19 Jun 2023 | £280,624 | £275,000 | 4 VIEWLANDS UPPER LUTON ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 9 Feb 2019. Using an estimated price of £180,008 means this house is valued at £2,142 per sq meter (£199 per sq foot).
The average size of a house on UPPER LUTON ROAD is 74 sq meters (805 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near The Hamiltons |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Hamiltons |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Hamiltons |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Hamiltons |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Hamiltons |