£216,187
This estimated value is based upon the latest sale price for the house of £175,000 on 11 Jan 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £175,000 | 11 Jan 2019 |
| £110,000 | 21 Oct 2011 |
| £127,000 | 30 Aug 2006 |
| £115,000 | 2 Jul 2004 |
| £40,000 | 16 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 892 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 2019 the House Price Index for MEDWAY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £175,000 results in an estimated price of approximately £216,187.
| 11 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £175,000 | £41,187 | £216,187 |
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 | -13.251 % | £-23,189 | £151,810 |
| 3 Month Average | 0.132 % | £231 | £175,231 |
| 6 Month Average | 20.123 % | £35,215 | £210,215 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £73,945 | £73,000 | 24 EDWARD COURT |
| 19 Sep 2023 | £197,526 | £195,000 | 27 LUTON HIGH STREET |
| 14 Jun 2023 | £126,533 | £125,000 | 47A LUTON HIGH STREET |
| 14 Apr 2023 | £119,284 | £118,000 | 17 EDWARD COURT |
| 31 Jan 2023 | £243,851 | £245,000 | THE BARN REAR OF HEN & CHICKS LUTON HIGH STREET |
This house has a floor area of 82 sq meters or 892 sq feet when measured on 26 Apr 2010. Using an estimated price of £216,187 means this house is valued at £2,606 per sq meter (£242 per sq foot).
The average size of a house on CAPSTONE ROAD is 114 sq meters (1,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Parking Area |