£319,175
This estimated value is based upon the latest sale price for the house of £265,000 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £265,000 | 20 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 March 2020 the House Price Index for MEDWAY was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £265,000 results in an estimated price of approximately £319,175.
| 20 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £265,000 | £54,175 | £319,175 |
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 | 28.362 % | £75,159 | £340,159 |
| 3 Month Average | -1.954 % | £-5,177 | £259,822 |
| 6 Month Average | 22.608 % | £59,911 | £324,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £310,432 | £305,000 | 6 OPAL GREEN |
| 27 Nov 2023 | £304,508 | £300,000 | 609 LORDS WOOD LANE |
| 20 Jul 2023 | £352,241 | £347,500 | 9 LYNTON DRIVE |
| 20 Jul 2023 | £334,502 | £330,000 | 629 LORDS WOOD LANE |
| 24 Mar 2023 | £307,901 | £305,000 | 27 LYNTON DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 30 Aug 2019. Using an estimated price of £319,176 means this house is valued at £4,313 per sq meter (£400 per sq foot).
The average size of a house on LYNTON DRIVE is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dornden Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Moonstone Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Yard |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Yard |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Yard |