£938,966
This estimated value is based upon the latest sale price for the house of £258,000 on 10 Nov 2000. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £258,000 | 10 Nov 2000 |
| £130,000 | 29 Jul 1997 |
| £125,000 | 5 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 213 sq meters or 2,301 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 November 2000 the House Price Index for MEDWAY was 40.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 263.941%.Applying this 263.941% change to the original purchase price of £258,000 results in an estimated price of approximately £938,966.
| 10 Nov 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 148.6 | 263.941 % | £258,000 | £680,966 | £938,966 |
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 | 172.705 % | £445,580 | £703,580 |
| 3 Month Average | 216.346 % | £558,172 | £816,172 |
| 6 Month Average | 297.175 % | £766,711 | £1,024,711 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £458,792 | £452,000 | 27 KEMPTON CLOSE |
| 23 Nov 2023 | £373,023 | £367,500 | 37 AINTREE ROAD |
| 20 Sep 2023 | £440,634 | £435,000 | 29 KEMPTON CLOSE |
| 5 Sep 2022 | £297,597 | £300,000 | 29 AINTREE ROAD |
| 1 Aug 2022 | £508,631 | £510,000 | 6 AINTREE ROAD |
This house has a floor area of 213 sq meters or 2,301 sq feet when measured on 21 Aug 2010. Using an estimated price of £938,967 means this house is valued at £4,390 per sq meter (£407 per sq foot).
The average size of a house on LAMBOURN WAY is 185 sq meters (1,991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lambourn Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Aintree Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Albury Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albury Close |
| Dec 2023 | Anti-social behaviour | On or near Albury Close |