£205,867
This estimated value is based upon the latest sale price for the house of £202,500 on 22 Apr 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £202,500 | 22 Apr 2022 |
| £155,000 | 30 Sep 2019 |
| £126,995 | 4 May 2007 |
| £92,000 | 22 Sep 2006 |
| Terraced |
| 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 April 2022 the House Price Index for MEDWAY was 144.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 1.663%.Applying this 1.663% change to the original purchase price of £202,500 results in an estimated price of approximately £205,867.
| 22 Apr 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 146.7 | 1.663 % | £202,500 | £3,367 | £205,867 |
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 | -24.665 % | £-49,946 | £152,553 |
| 3 Month Average | -19.388 % | £-39,260 | £163,239 |
| 6 Month Average | 1.396 % | £2,825 | £205,325 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 8 Jul 2019.
The average size of a house on UPPER LUTON ROAD is 74 sq meters (805 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Upper Luton Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Upper Luton Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Upper Luton Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Upper Luton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Upper Luton Road |