£263,280
This estimated value is based upon the latest sale price for the house of £200,000 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £200,000 | 6 Jan 2017 |
| £77,000 | 22 May 2001 |
| £58,000 | 16 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 January 2017 the House Price Index for MEDWAY was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £200,000 results in an estimated price of approximately £263,280.
| 6 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £200,000 | £63,280 | £263,280 |
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 | 57.683 % | £115,365 | £315,365 |
| 3 Month Average | 24.126 % | £48,251 | £248,251 |
| 6 Month Average | 29.885 % | £59,770 | £259,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2024 | £280,000 | £280,000 | 5 CHARING ROAD |
| 15 Dec 2023 | £373,992 | £362,500 | 11 CHARING ROAD |
| 12 Oct 2023 | £261,949 | £256,000 | 38 GOUDHURST ROAD |
| 11 Sep 2023 | £276,086 | £270,000 | 56 BEECHINGS WAY |
| 24 Aug 2023 | £278,014 | £273,000 | 103 BEECHINGS WAY |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 1 Jun 2016. Using an estimated price of £263,280 means this house is valued at £1,867 per sq meter (£173 per sq foot).
The average size of a house on LYNSTED ROAD is 92 sq meters (999 sq feet).
This house is the largest in the street with a floor area of 141 sq meters (1,517 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lynsted Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Lynsted Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Charing Road |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Charing Road |
| Oct 2024 | Anti-social behaviour | On or near Goudhurst Road |