£103,692
This estimated value is based upon the latest sale price for the house of £80,000 on 24 Mar 2017. 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 Short Street
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| Price Paid | Date |
|---|---|
| £80,000 | 24 Mar 2017 |
| £59,500 | 21 Dec 2006 |
| £68,500 | 31 May 2005 |
| £56,000 | 21 May 2004 |
| £38,000 | 3 May 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 29 sq meters or 315 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 March 2017 the House Price Index for MEDWAY was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £80,000 results in an estimated price of approximately £103,692.
| 24 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £80,000 | £23,692 | £103,692 |
The Postcode Pricing Model uses changes in average sales price within the ME4 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 | 3.550 % | £2,839 | £82,839 |
| 3 Month Average | -5.615 % | £-4,492 | £75,507 |
| 6 Month Average | 21.078 % | £16,862 | £96,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £273,683 | £270,000 | 129 LUTON ROAD |
| 14 Mar 2023 | £252,378 | £250,000 | 132 LUTON ROAD |
| 27 Jan 2023 | £378,218 | £380,000 | 97 LUTON ROAD |
| 24 Mar 2022 | £181,346 | £175,000 | 158 THOROLD ROAD |
| 13 Nov 2020 | £152,455 | £131,500 | 174 THOROLD ROAD |
This house has a floor area of 29 sq meters or 315 sq feet when measured on 12 May 2010. Using an estimated price of £103,693 means this house is valued at £3,539 per sq meter (£328 per sq foot).
The average size of a house on LUTON ROAD is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Short Street |
| Mar 2024 | Burglary | Under investigation | On or near Short Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Short Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Short Street |
| Mar 2024 | Anti-social behaviour | On or near Short Street |