£234,435
This estimated value is based upon the latest sale price for the house of £230,000 on 19 Dec 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£230,000 | 19 Dec 2023 |
£160,000 | 15 Jul 2005 |
£124,000 | 7 Jun 2002 |
£94,000 | 8 Aug 2001 |
Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 December 2023 the House Price Index for MEDWAY was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £230,000 results in an estimated price of approximately £234,435.
19 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.2 | 148.0 | 1.928 % | £230,000 | £4,435 | £234,435 |
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 | 20.748 % | £47,720 | £277,720 |
3 Month Average | -21.332 % | £-49,063 | £180,936 |
6 Month Average | -0.805 % | £-1,851 | £228,148 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £146,495 | £146,000 | 64 CONSTITUTION ROAD |
19 Dec 2023 | £234,435 | £230,000 | 97 CONSTITUTION ROAD |
17 Mar 2023 | £231,250 | £230,000 | 38 UPPER LUTON ROAD |
24 Oct 2022 | £165,539 | £168,000 | 129 CONSTITUTION ROAD |
18 Mar 2022 | £216,736 | £210,000 | 7 MERRIMANS VIEW |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 21 Jul 2012. Using an estimated price of £234,435 means this house is valued at £4,041 per sq meter (£375 per sq foot).
The average size of a house on CONSTITUTION ROAD is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Constitution Road |
Apr 2024 | Other crime | Under investigation | On or near Constitution Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Constitution Road |
Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Constitution Road |
Mar 2024 | Anti-social behaviour | On or near Constitution Road |