£465,400
This estimated value is based upon the latest sale price for the house of £276,000 on 15 Mar 2013. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £276,000 | 15 Mar 2013 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2013 the House Price Index for MEDWAY was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £276,000 results in an estimated price of approximately £465,400.
| 15 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.623 % | £276,000 | £189,400 | £465,400 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 76.431 % | £210,950 | £486,950 |
| 3 Month Average | 83.442 % | £230,299 | £506,299 |
| 6 Month Average | 70.092 % | £193,454 | £469,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Oct 2024 | £364,500 | £364,500 | 12 CANON CLOSE |
| 13 Nov 2023 | £138,516 | £135,000 | FLAT 5 EMMA COURT, 142 MAIDSTONE ROAD |
| 9 Nov 2023 | £764,404 | £745,000 | 19 LILLYMONTE DRIVE |
| 19 Sep 2023 | £296,537 | £290,000 | 1 CANON CLOSE |
| 20 Jun 2023 | £459,202 | £450,000 | 9 SOUTHFIELDS |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 2 Apr 2012. Using an estimated price of £465,400 means this house is valued at £4,155 per sq meter (£386 per sq foot).
The average size of a house on LILLYMONTE DRIVE is 145 sq meters (1,569 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Lillymonte Drive | |
| Aug 2024 | Anti-social behaviour | On or near Lillymonte Drive | |
| Aug 2024 | Anti-social behaviour | On or near Lillymonte Drive | |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Shaws Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Way |