£264,651
This estimated value is based upon the latest sale price for the house of £262,000 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £262,000 | 15 Jul 2022 |
| £191,000 | 26 May 2016 |
| Terraced |
| 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 July 2022 the House Price Index for MEDWAY was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £262,000 results in an estimated price of approximately £264,651.
| 15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £262,000 | £2,651 | £264,651 |
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 | 11.676 % | £30,590 | £292,590 |
| 3 Month Average | 1.976 % | £5,176 | £267,176 |
| 6 Month Average | -3.737 % | £-9,790 | £252,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £190,865 | £185,000 | 41 CORONATION ROAD |
| 15 Dec 2023 | £190,865 | £185,000 | 14 LUTON HIGH STREET |
| 18 Oct 2023 | £145,812 | £142,500 | 1 CHURCH HILL |
| 6 Oct 2023 | £183,160 | £179,000 | 12 LUTON HIGH STREET |
| 19 Sep 2023 | £199,396 | £195,000 | 27 LUTON HIGH STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 16 Apr 2014. Using an estimated price of £264,652 means this house is valued at £2,876 per sq meter (£267 per sq foot).
The average size of a house on LUTON HIGH STREET is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Drugs | Under investigation | On or near Chickfield Gardens |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chickfield Gardens |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Luton High Street |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Luton High Street |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Luton High Street |