£302,005
This estimated value is based upon the latest sale price for the house of £129,995 on 31 Jul 2003. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £129,995 | 31 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2003 the House Price Index for MEDWAY was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £129,995 results in an estimated price of approximately £302,005.
| 31 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £129,995 | £172,010 | £302,005 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 245.259 % | £318,824 | £448,819 |
| 3 Month Average | 126.459 % | £164,390 | £294,385 |
| 6 Month Average | 132.363 % | £172,065 | £302,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £287,022 | £282,000 | 30 LONG CATLIS ROAD |
| 4 Sep 2023 | £293,756 | £290,000 | 15 CHENEY CLOSE |
| 9 Jun 2023 | £313,801 | £310,000 | 18 STONEACRE CLOSE |
| 4 Apr 2023 | £328,537 | £325,000 | 3 CALLIS WAY |
| 24 Feb 2023 | £306,294 | £306,500 | 57 QUEENDOWN AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 1 Jul 2014. Using an estimated price of £302,005 means this house is valued at £3,553 per sq meter (£330 per sq foot).
The average size of a house on LAMBES COURT is 111 sq meters (1,197 sq feet).
This house is the smallest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cheney Close |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Hutsford Close |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Supermarket |