£410,700
This estimated value is based upon the latest sale price for the house of £340,000 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £340,000 | 14 Aug 2020 |
| £255,000 | 9 Apr 2015 |
| £210,000 | 30 Jul 2010 |
| £65,500 | 15 Sep 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2020 the House Price Index for MEDWAY was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £340,000 results in an estimated price of approximately £410,700.
| 14 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £340,000 | £70,700 | £410,700 |
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 | 21.976 % | £74,717 | £414,717 |
| 3 Month Average | 5.493 % | £18,677 | £358,677 |
| 6 Month Average | 8.310 % | £28,253 | £368,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £428,374 | £417,500 | 3 ARCHER ROAD |
| 14 Mar 2023 | £401,709 | £395,000 | 2 DEFOE CLOSE |
| 5 Aug 2022 | £1,637,658 | £1,630,000 | 221 LORDS WOOD LANE |
| 25 Mar 2022 | £457,243 | £438,000 | 11 SETFORD ROAD |
| 14 Feb 2022 | £264,114 | £250,000 | 18 SHACKLETON CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 17 Jan 2014. Using an estimated price of £410,700 means this house is valued at £4,563 per sq meter (£423 per sq foot).
The average size of a house on LORDS WOOD LANE is 105 sq meters (1,137 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Allen Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Defoe Close |
| May 2024 | Criminal damage and arson | Under investigation | On or near Defoe Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Halifax Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Halifax Close |