£337,191
This estimated value is based upon the latest sale price for the house of £272,000 on 8 Aug 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £272,000 | 8 Aug 2019 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2019 the House Price Index for MEDWAY was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £272,000 results in an estimated price of approximately £337,191.
| 8 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £272,000 | £65,191 | £337,191 |
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 | 30.009 % | £81,623 | £353,623 |
| 3 Month Average | 28.668 % | £77,976 | £349,976 |
| 6 Month Average | 22.999 % | £62,557 | £334,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £307,814 | £300,000 | 609 LORDS WOOD LANE |
| 24 Mar 2023 | £310,180 | £305,000 | 27 LYNTON DRIVE |
| 28 Feb 2023 | £312,085 | £310,000 | 12 DARENTH RISE |
| 23 Feb 2023 | £307,051 | £305,000 | 38 FANCONI ROAD |
| 25 Jan 2023 | £350,938 | £350,000 | 10 LYNTON DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 27 Mar 2018. Using an estimated price of £337,191 means this house is valued at £4,214 per sq meter (£391 per sq foot).
The average size of a house on DARENTH RISE is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Lynton Drive | |
| Jul 2024 | Anti-social behaviour | On or near Lynton Drive | |
| Jul 2024 | Anti-social behaviour | On or near Lynton Drive | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lynton Drive |
| Jul 2024 | Anti-social behaviour | On or near Lynton Drive |