£390,134
This estimated value is based upon the latest sale price for the house of £350,000 on 22 Oct 2021. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £350,000 | 22 Oct 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 October 2021 the House Price Index for MEDWAY was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £350,000 results in an estimated price of approximately £390,134.
| 22 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £350,000 | £40,134 | £390,134 |
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 | -6.995 % | £-24,482 | £325,517 |
| 3 Month Average | 2.958 % | £10,352 | £360,352 |
| 6 Month Average | 4.509 % | £15,783 | £365,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £400,300 | £388,000 | 30 LYNDHURST AVENUE |
| 17 Nov 2023 | £589,976 | £575,000 | 7 LANCASTER COURT |
| 22 Sep 2023 | £623,750 | £610,000 | 5 DURHAM ROAD |
| 21 Aug 2023 | £341,153 | £335,000 | 33 LYNDHURST AVENUE |
| 3 Mar 2023 | £399,675 | £393,000 | 48 LYNDHURST AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 14 Sep 2020. Using an estimated price of £390,134 means this house is valued at £5,911 per sq meter (£549 per sq foot).
The average size of a house on BROCKENHURST CLOSE is 76 sq meters (827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyndhurst Avenue |
| Jul 2024 | Public order | Under investigation | On or near Lancaster Court |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Lancaster Court |
| 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 |