£400,300
This estimated value is based upon the latest sale price for the house of £388,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£388,000 | 15 Dec 2023 |
£365,000 | 28 May 2020 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 December 2023 the House Price Index for MEDWAY was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £388,000 results in an estimated price of approximately £400,300.
15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £388,000 | £12,300 | £400,300 |
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 | -36.833 % | £-142,911 | £245,088 |
3 Month Average | 7.031 % | £27,278 | £415,278 |
6 Month Average | 2.550 % | £9,895 | £397,895 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £400,300 | £388,000 | 30 LYNDHURST AVENUE |
26 Oct 2023 | £306,972 | £300,000 | 2A LYNDHURST AVENUE |
24 Oct 2023 | £588,363 | £575,000 | 88 THE PLATTERS |
21 Aug 2023 | £341,153 | £335,000 | 33 LYNDHURST AVENUE |
28 Apr 2023 | £356,671 | £350,000 | 22 THE MAILYNS |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 12 Nov 2019. Using an estimated price of £400,300 means this house is valued at £4,654 per sq meter (£432 per sq foot).
The average size of a house on LYNDHURST AVENUE is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyndhurst Avenue |
Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Mailyns |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Mailyns |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Mailyns |
Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Camellia Close |