£224,781
This estimated value is based upon the latest sale price for the house of £221,000 on 10 May 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£221,000 | 10 May 2023 |
£132,000 | 1 Feb 2008 |
£95,000 | 6 Oct 2004 |
£41,000 | 5 Jun 2000 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 754 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 May 2023 the House Price Index for MEDWAY was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £221,000 results in an estimated price of approximately £224,781.
10 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.1 | 148.6 | 1.711 % | £221,000 | £3,781 | £224,781 |
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 | -35.034 % | £-77,424 | £143,575 |
3 Month Average | -16.647 % | £-36,789 | £184,210 |
6 Month Average | -3.759 % | £-8,307 | £212,692 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £258,479 | £255,000 | 167 CONSTITUTION ROAD |
21 Jul 2023 | £207,797 | £205,000 | 33 UPPER LUTON ROAD |
3 Apr 2023 | £183,981 | £182,000 | 77 UPPER LUTON ROAD |
30 Mar 2023 | £166,569 | £165,000 | 70 UPPER LUTON ROAD |
8 Mar 2023 | £378,567 | £375,000 | 1 UPPER LUTON ROAD |
This house has a floor area of 70 sq meters or 754 sq feet when measured on 3 Feb 2010.
The average size of a house on UPPER LUTON ROAD is 74 sq meters (805 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Upper Luton Road |
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 |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Upper Luton Road |