£416,154
This estimated value is based upon the latest sale price for the house of £305,000 on 13 Apr 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £305,000 | 13 Apr 2016 |
| £162,000 | 26 Sep 2003 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in April 2016 the House Price Index for KENT was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £305,000 results in an estimated price of approximately £416,154.
| 13 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £305,000 | £111,154 | £416,154 |
The Postcode Pricing Model uses changes in average sales price within the TN1 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 | 139.326 % | £424,943 | £729,943 |
| 3 Month Average | 54.097 % | £164,995 | £469,995 |
| 6 Month Average | -6.531 % | £-19,920 | £285,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £237,291 | £230,000 | 40 LAKE COURT MEDWAY DRIVE |
| 16 Nov 2023 | £225,730 | £220,000 | 32 LAKE COURT MEDWAY DRIVE |
| 7 Sep 2023 | £253,079 | £247,500 | 7 LAKE COURT MEDWAY DRIVE |
| 21 Jun 2023 | £484,714 | £475,000 | 144 ST JAMES ROAD |
| 23 Nov 2022 | £248,836 | £250,000 | 23 LAKE COURT MEDWAY DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Stratford Street | |
| May 2024 | Anti-social behaviour | On or near Stratford Street | |
| May 2024 | Anti-social behaviour | On or near Stratford Street | |
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Stratford Street |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Avon Street |