£173,951
This estimated value is based upon the latest sale price for the house of £146,500 on 16 Sep 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£146,500 | 16 Sep 2020 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 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 September 2020 the House Price Index for MEDWAY was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £146,500 results in an estimated price of approximately £173,951.
16 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £146,500 | £27,451 | £173,951 |
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 | -18.269 % | £-26,764 | £119,735 |
3 Month Average | -15.326 % | £-22,452 | £124,047 |
6 Month Average | 5.542 % | £8,118 | £154,618 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £200,975 | £198,000 | 33 FIRST AVENUE |
21 Jun 2023 | £293,556 | £290,000 | 9 FIRST AVENUE |
16 Jun 2023 | £212,575 | £210,000 | 348 LUTON ROAD |
19 Apr 2023 | £536,780 | £531,000 | 413 LUTON ROAD |
13 Apr 2023 | £181,959 | £180,000 | 214 UPPER LUTON ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 13 Feb 2020. Using an estimated price of £173,951 means this house is valued at £2,596 per sq meter (£241 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Ambrose Hill |
Feb 2024 | Anti-social behaviour | On or near Ambrose Hill | |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ambrose Hill |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ambrose Hill |
Feb 2024 | Anti-social behaviour | On or near Ambrose Hill |