£350,791
This estimated value is based upon the latest sale price for the house of £282,000 on 12 Jun 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £282,000 | 12 Jun 2018 |
| £145,000 | 17 Jul 2015 |
| £178,000 | 26 Oct 2007 |
| £86,995 | 23 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 833 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 June 2018 the House Price Index for MEDWAY was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £282,000 results in an estimated price of approximately £350,791.
| 12 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £282,000 | £68,791 | £350,791 |
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 | -14.743 % | £-41,574 | £240,425 |
| 3 Month Average | 1.889 % | £5,326 | £287,326 |
| 6 Month Average | 21.805 % | £61,490 | £343,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £282,299 | £278,500 | 5 BALLENS ROAD |
| 21 Apr 2023 | £429,626 | £425,000 | 20 COOMBE CLOSE |
| 24 Oct 2022 | £326,485 | £330,000 | 11 BALLENS ROAD |
| 13 Oct 2022 | £267,124 | £270,000 | 9 PORT CLOSE |
| 17 Feb 2022 | £302,024 | £288,000 | 567 LORDS WOOD LANE |
This house has a floor area of 77 sq meters or 833 sq feet when measured on 30 Jan 2012. Using an estimated price of £350,792 means this house is valued at £4,532 per sq meter (£421 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 |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coombe Close |
| Dec 2023 | Anti-social behaviour | On or near Coombe Close | |
| Dec 2023 | Anti-social behaviour | On or near Coombe Close | |
| Dec 2023 | Anti-social behaviour | On or near Coombe Close | |
| Dec 2023 | Anti-social behaviour | On or near Coombe Close |