£203,331
This estimated value is based upon the latest sale price for the house of £165,000 on 2 Oct 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £165,000 | 2 Oct 2018 |
| £111,000 | 22 Apr 2004 |
| £54,000 | 18 Sep 2000 |
| £47,000 | 29 Feb 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 October 2018 the House Price Index for MEDWAY was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £165,000 results in an estimated price of approximately £203,331.
| 2 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £165,000 | £38,331 | £203,331 |
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 | -14.448 % | £-23,839 | £141,160 |
| 3 Month Average | -3.363 % | £-5,549 | £159,450 |
| 6 Month Average | 19.826 % | £32,712 | £197,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £196,721 | £195,000 | 5 WHITEHORSE HILL |
| 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 |
| 7 Sep 2022 | £173,598 | £175,000 | 152 THOROLD ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 13 Feb 2018. Using an estimated price of £203,331 means this house is valued at £2,510 per sq meter (£233 per sq foot).
The average size of a house on THOROLD ROAD is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Constitution Hill |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Constitution Hill |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Constitution Hill |
| Mar 2024 | Other crime | Under investigation | On or near Constitution Hill |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Constitution Hill |