£295,465
This estimated value is based upon the latest sale price for the house of £237,120 on 30 Aug 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £237,120 | 30 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 August 2018 the House Price Index for MEDWAY was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £237,120 results in an estimated price of approximately £295,465.
| 30 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £237,120 | £58,345 | £295,465 |
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 | 14.127 % | £33,498 | £270,618 |
| 3 Month Average | 6.510 % | £15,436 | £252,556 |
| 6 Month Average | 13.721 % | £32,534 | £269,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £261,949 | £256,000 | 38 GOUDHURST ROAD |
| 11 Sep 2023 | £276,086 | £270,000 | 56 BEECHINGS WAY |
| 8 Sep 2023 | £276,086 | £270,000 | 8 GOUDHURST ROAD |
| 24 Apr 2023 | £254,765 | £250,000 | 220 EASTCOURT GREEN |
| 5 Apr 2023 | £275,146 | £270,000 | 24 LYNSTED ROAD |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 26 Mar 2018. Using an estimated price of £295,466 means this house is valued at £2,204 per sq meter (£204 per sq foot).
The average size of a house on LYNSTED ROAD is 89 sq meters (959 sq feet).
This house is the largest in the street with a floor area of 134 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lynsted Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Lynsted Road |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Bearsted Close |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hartley Mews |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Hartley Mews |